Grains Extend Losses

Grains have continued to extend losses, until soybeans has reached its lock limit down price (50 cents from yesterday's settlement price). This is significant, because it has occurred twice in the past three days. I don't recall soybeans locking limit down at all in several months, and now, it has occurred twice so far this week. This is another bearish sign that the soybean bull is likely reaching an end.