Is the Market Getting Ahead of Itself?
Real Vision: Finance & Investing
00:00
Soybean - The Technical Picture Is a Falling Wedge
With what happened in Ukraine, we're looking for another 30 ton shortfall out of that grain belt. There's a La Nina out in the Pacific, which is known for causing cold dry on the west coast and potential drought in the Midwest. And then you have instability of producers in South America,. like Brazil for soybeans in Argentina for wheat.
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