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Lanmar
Apr 1, 2015 4:21 AM

FARMERS, GET READY TO HEDGE. SOYBEAN PX'S ABOUT TO FALL HEAVY.  Short

Soybean FuturesCBOT

Description

I ADVISE LOOKING AT 30 - 40 YEAR DATA ON SOYBEANS. TARGET IS DETERMINED BASED ON LONG TERM HISTORY. FUNDAMENTALLY, SOYBEAN PRICES TYPICALLY FALL FROM PLANTING SEASON TO HARVEST SEASON. IN ADDITION TO THAT, THE CONTINUED STRENGTH IN THE US DOLLAR SHOULD FUEL THE DOWNWARD TREND.
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