Soybeans Looked Poised To Test Recent Lows

Soybeans looked poised to test recent lows: This year's Soybean crop has started out as expected, with the USDA reporting 67% of the U.S. Soybean crop rated good-to-excellent. This decent start has traders taking some of the "weather premium" out of the market, with prices headed below $6 a bushel for the new-crop November Soybeans. Traders will be looking towards this Friday's USDA acreage and grain stocks report for further clarification to the actual size of this year's Bean crop. Read More....