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US Soybeans Futures - May 24 (ZSK4)

Real-time capital.com
Currency in USD
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1,150.50
+15.50(+1.37%)
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US Soybeans Futures Discussions

down it is
deciding day, whether it moves up next week or moves down by today's candle finish I suppose
Shorting at 1412.50
Looks like beans are still in the up channel.
two major hedge funds raised their holding on Friday of corn and beans up to 147,000 long contracts from 115,000.
1403 was a significant support on 5 hour candle .. i think it will waterfall tonight.
breaking 1397 next 1389
looking for 1380 today
Got trapped in a terrible hedge and instead exited all my positions. The manipulation is too much for this contract. Rather stay out for a peace of mind.
it  same the game of prices
luckily, i was long, and in last moment I changed in short. to be honest, in one moment, I wanted to lock the loss on short, buying other contract, with idea to close short, but i had lack of funds. at the end - lucky me :)
there's no manipulation, you're just greedy.
Got trapped in a terrible and instead exited all my positions. The manipulation is too much for this contract. Rather stay out for a piece of mind.
pump may continue all the way to august (new crop) or until fed stops printing 120 BILLION each month
Any chance beans hitting 1440 again?
I believe it will test 1550 in a month.
Theoretically, it is no longer possible for soybeans to grow higher than around 1450, because soybean stocks are finally rising, and the data, although slightly, are improving. additionally, exports were expected to increase recently, and this is falling. however, anything is possible in this market.
This looks like it could challenge the high and go another leg higher before the EOM. would need a stop around 1400 i suppose...
argentina came out today and said less beans. i really dont think this past 2 weeks of really bad weather down there had registered on this s&D report. remember the derecho last summer. it didnt show up on the report you thought it would, it did on the one after.
anyone have any intel, or someone in china, that can relay how ASF is really going? Want $10 beans again quick, thats what will do it.
agree. thx
It seems soyabeans got energeized by the ethanol they produce overnight. Something changed. It seems energetic beans now.
any idea why this is going up instead of going to 1390?
considering corn and wheat just did same thing....maybe dollar index did it? it just dropped right at same time.
It is hard to fight the true supply and demand driven market.
didn't I wrote here yesterday: "1300 next"?
 still in the trend channel, should be good support at 13.90 before bouncing.
yeah but it's not even 1399 yet .. 🙄
It need to break 1333 1st ,now not even broke 1400
Wow brutal sell off. Is the game over?
chinese soybean futures droped wednesday. some needed rain in Argentina. western cornbelt drought is seeing needed rain. add some of that with profit taking from mondays new highs and a lazy USDA report yesterday makes today happen.
i dont think so. weather is SA is still wet. la nina is still predicted till april so that means a drier cornbelt. throw in an weather issue once crop is planted and we have major shortage issues. whats gonna happen this weekend i dont know. someone said put option expire. and i dobt kbow much about that. im a farmer selling physical beans and booking old and new crop contracts.
till mid april is a maybe. last 2 years prices dropped till mid spril. will it this year????? 20 cents is hardly a trend setter. if srgentina gets big rains and brazil gets drier, then yeah, bull trend is for sure over till planting season in US.
above comment say till mid april is in response to you end of bull run comment.
lele 1450 ka
1440 covered puts expire friday, not looking good :(
why does the price continuously increase even though the production and the stock are the same? Is it because of dollar bearish or oil price increase? or Do I have to just accept this situation?
less. mato grosso is wet. harvested beans are wet. ports are always raining there. hatd to load beans if not impossible when its wet i hear. trucks are having to haul long distances and sit and wait forever. beans are spoiling. thats gow i see it.
  Are you in Brazil?
no. US.
This could be a big red candle tomorrow. I guess time will tell.
i dont think so. SA weather is whats running the show. and it kinda ****** lots of export issues. cant dry beans fast enough.
@Marcel Jason.. bullish factor is record low stocks ..lower by 405m bushel from last year.bearish factor.. brazil forecast up by 1 Mt.. crush in SAmerica increasing..global stock SLIGHTLY beginning to increase..season average price is 11.15..(naware of was that last year )overall seems bearish... but yes the stocks are still at record lower levels..
now back to 1300
this is beating crude oil in matter of volatility today..
https://www.usda.gov/oce/commodity/wasde
thank you
We rich bois. Making my money back. 1500 inbound.
close your profit and RUN!
Get ready for producers to lock in them in high prices and for the MMs to flee
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