Soybean prices - past is prologue

If this 2 hour chart is indicative of what we should expect over the next few days, soybean prices should continue to surge to a new all-time high this week. Look at the last move up in prices last week. After a quick, 2-hour explosion in prices, more buying activity continued to push prices higher still over the next few days. I expect another price high this week, probably taking out the previous high around $12.90 (years ago), and likely surpassing the $13.00 handle.