This is somewhat surprising to me, especially given that gold, crude oil, and other benchmark commodity prices are soft today. The Fed rate decision is still 45 minutes away. It seems to suggest that there is some fundamentals-related news in the soybean complex. The mid-session report from the CME was silent on this phenomenon. Wednesday, April 30, 2008
Soybeans Just Higher and Higher
This is somewhat surprising to me, especially given that gold, crude oil, and other benchmark commodity prices are soft today. The Fed rate decision is still 45 minutes away. It seems to suggest that there is some fundamentals-related news in the soybean complex. The mid-session report from the CME was silent on this phenomenon.