Soybeans Soar!

Soybeans prices are exploding much higher today. This feels overbought to me. I wouldn't be surprised if we see a very sharp reversal at some point, driving prices back down again. Parabolic price rises of this sort tend to be subject to very sharp, rapid reversals. Corn has topped out, so this suggests to me that this soybean prices spike is due to overheated speculation and subject to a sharp reversal. I am unaware of any fundamentals-related news that is causing this price rise. It may exist, but I am simply unaware of it. It is also a concern to me that if speculative forces have created this, then regulatory oversight may step into the marketplace and force small traders and hedge funds out This is unhealthy and will hurt everyone!