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Soybeans- It Is Too Soon In The Season To Test $8.50 Per Bushel

Soybeans- It Is Too Soon In The Season To Test $8.50 Per Bushel

June 7, 2017

The price of July soybean futures has moved from $10.9250 per bushel in January to lows of $9.095 on May 31 on a record South American crop from Brazil. In my latest article for Seeking Alpha, I explain why it is too early in the season to sell soybeans down to critical support at around the $8.50 level and why at $9.25 per bushel the chance of a price recovery over coming weeks is high.

Article: Soybeans- It Is Too Soon In The Season To Test $8.50 Per Bushel

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