Technically Soybean Oil looks broken, but several other indicators point to higher prices over the near term.
Educational and Actionable information using Fibonacci & W.D. Gann analysis.
Jim's video pinpoints crucial crop weather situations on four continents.
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Cash markets looking better but futures don't see the light
Soybeans powered into the close as contracts were within a few cents of the daily high at the final bell. Futures were up anywhere from 7 to 16 cents at the close. The weekly gains totaled 37 ¾ cents...
Wheat bulls were feeling better heading into the weekend, as Friday posted a round of strength. Chicago contracts were up 11 to 19 ¼ cents across the board, with May getting thin and July up just a tick...
Corn held up despite the bears putting up a fight after the overnight strength. Futures closed with contracts up ½ to 3 ¼ cents, as in delivery May was down a nickel. July futures ended the week with...