| Soybeans (CBOT): (High: May-Jun//Low: Oct) After a post-harvest rally into the new year, soybeans are pressured by tax-related producer selling and the maturing Brazilian crop into the notorious “February Break.” With market attention turning to the new US crop by March 1, spring rally often continues into May/June planting. By summer solstice, market begins decline — sometimes broken by July weather scare — into crop maturity and October harvest. Post-harvest rally begins by November’s FND. | ||||||||
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| Charts courtesy of Moore Research Center, Inc. | ||||||||
