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US Soybeans Futures - May 24 (ZSK4)

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Currency in USD
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1,192.00
-0.12(-0.01%)
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US Soybeans Futures Discussions

Wow
was expecting it  to drop on profit taking.however late yesterday news hit the market that half of mato grosso  soy producers have asked for a state of emergency to be declared they are talking at least 50% losses .also argentinas crop conditons hit the press later and as i said earlier they have deteriated .ps i will next weeks crop condition report tommorow afternoon .i suspect this will have again deteriated.were getting very close to a massive price but at the moment we are waiting for the inevitable conformation  of  all these FACTS
1355?
1455
Well done Stephen. Take the profits mate.
Enter buy?
well that was a boring wasde
crazy up.....
also note usa increased brazil harvest by 1 mill ton today.brazil today are saying massive rain damage to main production areas over mature beans losing 2% weight per day no sign of let up in the rain to aid harvest.dont no whos right bit of a *****shoot but good fun.good luck buddy
Lol thanks mate
I think its overbought but the manipulators have a net long posistion. Looking at a ATH of 15.2 before a giant short
im going to skim on shorts and get out buy 7.14 as it may rally in the over night session
Right OK. Thanks
just read the wasde basically no change market may drop tonight on profit taking . the coming month will prob mirrow last 2 months
Any thoughts paul? Enter buy?
if we close this week above 14.40 we will hit 15.8 by april wasde
argentina will start harvesting in early april and until then expect a steady if somewhat choppy rally
be very careful going short on soy .have tapped into argentinas minestry of agg .crop is getting worse ,i have this wednesdays crop rating figures already .now 20% poor 70% fair 10% good.normally 5% poor 35% fair 60% good .weather outlook for rain chances poor for next 10 days .this crop is in the pod fill stage now and the old saying rain makes grain is very true. there crop will struggle to achieve 35mill ton beans will go 17.50/18.50 if the weather does not improve. and with a la nina in the pacific it wont
i mean wait
i would probably take profit and wieght for the rise
OK thanks Paul.
are you in profit now
Yes up a little.
Entered short at 1451 now it is 1442
are you buy or sell ie long or short
Short from 1451. Bought in at 2:36am UK time
i would suspect this will rise and fall  today in conjunction with opening/ closing time uk and usa. highs of 14.55  and will close 14.30 ish . will gap higher to 14.70 early morning but will probably crash on profit taking after wasde down to 14.00.it will steadily build again throughout march.
I opened at 14.51. Do you suggest I close and wait for 14.55 and re enter?
are you all ready for tthe wasde
Hi Paul mate. big fall coming? Does look like big selling pressure up top and rsi over bought
next 2 week soyabeen 1570
next 1500
Next 4 weeks are going to be red,red,red,red-target 1150
Can Soy hit $1,500 in the next 3 months?
May b...
now is spring time....not hot whether....spring time is production good...nothing special report always told is same thing to pump high prices 😀😄
very very expensive soybean now
Yeah. I wonder if humans can even buy food anymore
what happens.....why the price fly up....any demand......
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