The market structure of soybeans has changed significantly on the smaller scale. Looking at the big picture, the range of estimates for potential highs is quite wide. Potential highs in the soybean market this year and for the next 5 years could be very high. Advised to take this big picture look very carefully, the backside of such strong rallies can be quite steep and painful for those caught on the long side. Also, not shown is the volatility within the daily and weekly scale on.
Comment:
A closer look at the current market
