Video Alert and PDF: Learn from a Market Veteran (Free!)
Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
See the markets Jim is watching each day
Get a free companion PDF that explains his "Cycle Trading" method
Learn how to identify chart formations that indicate potential breaking commodity markets
Watch Jim analyze actual charts in his videos, pointing out formations and signals
All you need to do to watch today's video and get the PDF is confirm here:
Soybean futures are currently more than 8 cents lower after on the day, after posting new highs for the move at $10.02 shortly after 7AM this morning.The November contract gained 30 cents on Thursday after the USDA reported net weekly export sales at 2.17 MMT, showing strong export demand.The domestic crushers want to get their hands on the beans too, in order to make good on their export commitments for soybean meal. Cumulative 2014/15 meal export commitments are currently well ahead of recent years. November soybean options expire today. The run off presidential election in Brazil is this weekend.
Nov 14 Soybeans are at $9.84 1/2, down 8 3/4 cents,
Jan 15 Soybeans are at $9.90 3/4, down 9 1/4 cents,
Mar 15 Soybeans are at $9.97 1/2, down 9 cents,
May 15 Soybeans are at $10.04 1/4, down 7 3/4 cents,