In this video, I discuss the current market trends for soybeans and wheat, highlighting the recent downtrends and consolidation patterns. I emphasize the importance of weather conditions affecting crop yields, particularly for corn and wheat planting. I also mention that we need to keep an eye on the upcoming rain events and their potential impact on the market. Please take note of the key data points and be prepared to adjust our strategies accordingly.
Market Thoughts 6.22.25
Soybeans hit a Sell Signal at highest prices in nine months this week before closing lower on Friday. Spring Wheat broke out to new highs