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US Soybeans Futures - Nov 24 (ZSX4)

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1,013.50
+0.50(+0.05%)
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US Soybeans Futures Discussions

yesterday traderphd called early yield reports disappointing
lol
Strange not what i am hearing and if true its weird that the market would be down on such news especially after being down so long lol.
Also i think the drier places are going to come out first. Truth will be told soon. No doubt places where not great but they are not terrible. 50 isnt terrible but i would see they are in tye minority
Getting reports of 90 bushel irrigated beans in Nebraska. Not shocking lol
dont get backyardness. Lots of reports of 90+ in illinois too. Takes bigger losses then 50 to offest that
double crop SB's hopefully avg 30 by far worst growing season out of the last10
yes but the majority of the belt is record. I wouldnt look only in your back yard
Beans working on a outside down day. I guess thats bullish. A lot of people on here got all bullish before harvest on a simple 25% retracement.
Rain in sight i have added to my shorts position today, 990 and 1012 for 1004.3 average price
soybeans done in the Midwest rain will not help
yes and the yields are outstanding in MOST areas
mate today is sep 20, there are still at least three whole weeks so rain is definitely supportive
Every bounce is a sell opportunity. Target 800. Regards.
how many hav u sold Mr Sanchez? what is your position? entries please
Super Computer Nah. Trade modeling software..Yep..People who live in glass houses shouldn't throw stones... especially those who'site..is powered by a free charting service. LMFAO
Beans are more supported because shorts are already heavily positioned and there is still some room to cover, yet price is not rising much from lows. Corn shorts already covered more than beans’ ones. Soybean fundamentals look more bearish to me
Read the post it clearly stated THE END OF YEAR in addition to not needing a computer.software, or experience you must not need a calender because you haven't a clue as to the effects of 100 basis cut in 3.5 months have on commodities. You won't even begin to feel the impact for two months. What level that impact will resolve from is another question. For someone that has shown no, zero , none nadda zilch zippo ability to price forecast two days out
lol i saw the end of the year. Lol. Doesnt change my opinion about it what so ever.
“If we get anywhere near 2 rate cuts by year end this will be undervalued by 65 cents look for a run to just shy of 11 Let's say 10 91”. From the great grain trader who went on to mention he was on the floor of cbot (like 30+ times.) and has a super computer who tells hik what to do. Cant make this stuff up.
so you didnt say the above? I dont follow any of your trades. Why would i on such a bonehead call. I see your posts i just 😴😴. Glad your short i have been for a long time and i didnt get out on your rate cut anaylsis despite your vast exp on yhe floor of cbot and your little computer that is 2nd to none.
i am afraid than cash is generating more return than any position in grain at the moment. I have called a bottom at 940 and started shorts at 990 and will not increase until i see rain coming. At that time, price will go down again
Yes i an s broker cash advisor. I sell farmers crops for them as does my firm. We have 140 million bushels under contract. I guess if you think thats funny or a joke there are 2000+ farmers who would disagree with you. 🤡
b...b..but I was told here that farmers will sell! why is it NOT falling if farmers are selling very big crop?
harvest has just started in the US, and still early stage for Brasil, market is now balanced and waiting for more accurate crop numbers, if big or very big will just depend on rain
i am still confident price will soon go below 10, less confident about new lows coming
Rate cut i am sire 11 dollar beans imminent. A chicago guy and his computer cant be wrong can they? Lmao
if a person is a farmer...especially a retirement age farmer then your time horizon is long... if if it goes back and makes a new low they should not sell. old guys hav plenty of time and money to wait out a minor new low which is what it would b
alot of them are currently cleaning out bins from last year's harvest so no reason to sell 2 crops w prices in the tank
Poor Jason he has a hard time counting. Much less following the bouncing ball. I have posted 10.5 cent CLOSED credit and our currently OPEN SLD @ 1014.25 MTM a 20 cent per bu superior proforma then a cash advisor with OPEN SLD @ 1005.OO basis SNX4. Unless they changed the way they count down on the farm not quite as good. Soon you will need your fingers and toes to keep track son.
If this keeps up I may take a job as a cash advisor. Whatever that is LOL.
Let’s go 50
3rd time was not the charm
No rain in sight in us nor mato grosso, soybean price might have bottomed
I worry about Mato Grosso soils like you. But some rains are seen for the first week of october. Still bearish.
Bearish if they come, but twenty days are a bit far for a forecast to be accurate
Haw praice soiya
My guess ...the stops under 1005 are toast
HMMMM..... Should have been more
same thought
80+ bushel beans by churdan iowa
All nearby MP 15/30/60 min pylons suggest deviation from mean. Look for prices to re visit yesterday's value area.
SELL SNX4 @ MKT SLD SNX4 @ 1014.25 7:42 EST OPEN
I still want to see how this week closes. But if you consider that crop numbers were confirmed to be high yesterday and that july-august shorts positioning were historically very high, a bouce was on the card and it has been happening. But it seems not much for that, its not going very far, overall picture remains bearish i think. Price should sooner or later go back below 10 and around or below 9. Only thing that can give more upside room is more dry weather coming.
Brasil and india no issue in my opinion, us is dry though
I try to remain bearish and I still,, but Brazil is a problem, soils too dry, lot of fires and no rain in sight in Mato Grosso
yea its a issue. Snodgrass said rain is coming last half of month. I think he is pretty good. If it does rain this markey will sink
Whats the over under on days before my name to say again”i want to see a double bottom?” I will take the under
i mean the under 100%
the under means he will say it sooner. You probably dont get out much, too busy getting excited about what your computer tells you to trade lol
yes, I wrote I want double bottom to buy, because I know it's going much higher next! All the way to 1200.
b...bb...bb...but I was told "excellent crop"... "huge storage".... why is it in green? why is it not down?
B b b b its been here three times and still not broken through. Just a few days ago you said you were ready for a double bottom. 🤡
Btw storage has nothing to do with the soybeans bearishness🤡🤡
Doh!
So Jason let's re cap Nov Soybeans are up 7 cents from last Friday. 0/BOT 0/SLD Mr Grain Trader BOT/SLD 10.5 CR CLOSED. MTM Mr. Grain Trader +16.5 This will be as close as you will get to our proforma. Enjoy the tailights.
i have a job to do. Not going to be in or out ect. You said 11 i say 9 whosever closest begining of nov. Deal?
Sorry Jason You will be judged by what you post here, nothing else. Especially not from flippant remarks posted somewhere on the internet that you will pawn off as a trade. Yes you have a job to do. you can start by backing up what comes out of your mouth. It was you that took offense that questioned and besmurched a methodology and a proforma that you know absolutely nothing about. You will realize in short order the magnitude of your mistake. Hopefully you will learn a valuable lesson. Its what we do.
lol ok sure
No way 11 on front of beans. Run away from anyone that think that happene this fall. Just run lol
???
Any opinions changed after that report?
Any run to 1026 would keep the short term trend as neutral, above 1030 will turn to positive, tomorrow action will be important to see
agreed covered OPEN BOT because we failed off of inter day high. Will try and re establish long under MP hourly value 996- 1001basus Nov.
*basis
Bullish above 1025, neutral area 1000 - 1020, bearish below 995
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