Wall of Supply for Soybeans?

Focus on Weather, Upcoming USDA Report

The weather outlook for the next several weeks looks ideal for growing soybeans, and this suggests a “sell shallow rallies” mentality will develop for grain traders. The June 30th Planted Acreage and Stocks reports from the USDA is the next key volatility event for the soybean market, but the key focus in the weeks ahead of that will be the weather.

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