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 trading steady to slightly higher this morning after a strong performance on Tuesday. Some bulls were swayed by odds greater than 50/50 for prices to settle higher today and on Friday. It does seem to matter how many years you include in the calculation! Strong price support came from the soybean meal and soybean oil markets yesterday. The domestic crushers need beans to make meal for export and the export market for whole beans has been strong at this price level too. That is creating competition for the beans that are moving.