Everyone and their Dog should be Long Soybeans
Nov WASDE was the Gasoline to this fire, Soybean have been trending up for quite some times.
Managed Money Long is breaking record every week and we should not be surprised by this massive amount of fund buying the world, Global QE = Excess Money Flow.
Not much telling with technical unless you go back 10y.
Upside in the Mid Teen's if La Niña materialize in South America
Managed Money Long is breaking record every week and we should not be surprised by this massive amount of fund buying the world, Global QE = Excess Money Flow.
Not much telling with technical unless you go back 10y.
Upside in the Mid Teen's if La Niña materialize in South America
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