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Reuters technical analysis outlines resistance for the CBOT November soybean contract at $14.23-3/4 per bushel, with a break above possibly opening a path to $14.31-1/4 to $14.42-1/4. It also flags a possible decline to $12.82 in Q4 and support near $14.08-1/2.
Chart-based commentary with no new supply or demand driver; it only describes possible price levels for soybeans.
brecorder.comReutersSep 29, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
