At one point this past week, November soybean futures dropped below the $10 per bushel mark. The Money Farm owner Allison Thompson said that left more questions than answers. “Technically, it’s not a very pretty sight for new crop soybeans, especially for guys looking for a harvest delivery and not storing beans.” Thompson said increasing demand is important and expects the markets to keep an eye on the South American weather. Watch the whole market outlook panel with Thompson on the RRFN YouTube page.
