We've contended that that new crop hedges above $10 per bushel would be good sales as 2017's planting got underway. Below, you'll see links to our early year analysis through current comments by the Agricultural Economics Department at the University of Illinois, Urbana - Champaign.
Our Mechanical Commitments of Traders soybean program went short Sunday night. This also matches the seasonal analysis focused around the USDA's crop reports we've been working on with Dr. Darrin Hanna of Oakland University's Computer Engineering Department.
February 15th, 2017 - "Soybean Profits Through the Commitments of Traders Report."
March 20th, 2017 - Modern Trader Magazine COT Column, "Producers are Short Beans & Oil."
- See past issues of our monthly column in Modern Trader Magazine.
July 18th, 2017 - "Soybean Rally is Classic Summer Sell Signal."
August 1st, 2017 - Todd Hurst U of I - "Weekly Outlook: Old Crop Soybean Consumption & Weather."
We've also updated the Equity curves on the Mechanical COT Signals page through July. Remember that you must be registered and logged in to access all of the mechanical markets.