All Eyes This Weekend On…..Soybean Prices – Part 3

Four months ago, I wrote about Soybean prices moving higher.

All Eyes This Weekend On…..Soybean Prices – Part 2

Well, price is hugging that trend line like a couple in love and finally breached the upper range at $920. The chart is suggesting price will pull back before moving higher to the daily supply at $957.

However, since that time, Soybean prices are at levels not seen in ten years. In recent months, the African swine fever has wiped out 1 million hogs in China, Europe and Southeast Asia which is going to put a dent in soybean demand as that is a

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