Information about grain markets and info to help producers to market crops. See how various grain marketing strategies can effect ones average price. We will be posting various potential trade and option strategies along with marketing decisions made on our mock farms.
Tuesday, November 27, 2012
Have beans bottomed or just a correction before resuming slide?
Below is a Jan Soybean chart.
It shows that we bounced off of the long term up trend line...........can we resume the bull trend? Or is this just a correction in a bear market? If it is a just a correction where are some areas it could fail at?