Soybean field with sunset lighting

Soybeans - Comfort Zone

Ending the month of October the bean market seemed to be comfortable with the projected carryout and perceived size of the U.S. bean crop. The SF25 contract dropped to near contract lows to wrap up the month of October. As November began, repeated export sale ‘flash’ announcements helped build optimism about bean demand and the market became less ‘comfortable’.

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