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 closed 14 cents lower to 8 cents higher, with the August contract displaying the most strength, closing 8.5 cents higher on the day. November beans were down more than 13 cents. Front month meal futures gained $1.10 on the day, closing at $381.80 after rallying as high as $389.90 earlier this morning. Private exporters reported to the USDA export sales of 225K MT of soybean meal to unknown destinations for delivery in 2014/15 this morning. Another sale of soybean meal was reported for 2014/15 delivery today, this one to Vietnam, totaling 180K MT. USDA also reported an export sale for 20K MT of soybean oil slated for unknown destinations in 2014/15.
Aug 14 Soybeans closed at $11.84, up 8 1/4 cents,
Sep 14 Soybeans closed at $10.85, down 6 1/2 cents,
Nov 14 Soybeans closed at $10.57 3/4, down 13 3/4 cents,
Jan 15 Soybeans closed at $10.65 3/4, down 14 cents,