April 20, 2014

Soybean Commentary

Posted 4/17/14

Beans showed continued strength overnight and received supportive export numbers this morning.  The bears were looking for negative old crop numbers, which would be normal this time of year and instead saw 19.2 thousand tons exported.  Anything above zero would be considered bullish.

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    Allendale Advisory Contributor:

    Jim McCormick

    Jim McCormick

    Jim started with Allendale in 1997 after earning an Agricultural Economics degree from Purdue University. He has been a featured speaker at several of Allendale’s Outlook Conferences.
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