A Brookings Institution report delved deep into the global food shortage spurred by Russia’s invasion of Ukraine. This, of course, is helping to propel food prices into the...
Soybean prices reached the highest they’ve been in nearly a decade. Per the Wall Street Journal, prices have surged 30% this year, with the continuous contract for the crop ending...
Soybean futures reached a new contact high recently, possibly noting that traders expect more upward price pressures ahead as record inflation continues. “Several factors are...
The USDA’s June acreage report again provided some surprises concerning the 2022’s overall US plantings.
Soybeans and the products were higher as warm and dry weather invades the US and as demand concerns helped the markets.
The USDA surveys US producers during the 1st half of June to see if their initial planting ideas were carried out as the spring developed.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Strong Sell | Sell | Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Strong Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Strong Buy |