The Market The soy complex followed last week’s modest gains with a larger move upward thus far this week. The funds are still near a record short but with the RSI now over 40, they are no doubt covering some of their short positions. The competitive pricing and today’s Export Sales report proving it with a gigantic 2.6 MMT in sales last week is very supportive.
Soymeal is less of a story but last week’s export sales of 429 KMT was the largest in over a month.
December soyoil leads the pack with the close today up 4.3 percent thus far this week. The October contract closed above the 20-day MA and an intra-session high was the closest to the 50-day MA in a month. Part of the push is U.S. soyoil now being...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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