Technical:
Similar to yesterday, I'm bullish on beans. We have support below the current consolidation range and a lot of indications that we could see a strong move up after a bit more choppiness.
Fundamental
A little birdy known as Descartes Labs gave me some insight into the production forecasts for beans yesterday, and signs point to Wasde over-predicting end-of-season yield.
Similar to yesterday, I'm bullish on beans. We have support below the current consolidation range and a lot of indications that we could see a strong move up after a bit more choppiness.
Fundamental
A little birdy known as Descartes Labs gave me some insight into the production forecasts for beans yesterday, and signs point to Wasde over-predicting end-of-season yield.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.