FeedDinner 2018

Friday's high of $13.75 suggests that the contract is still targeting $13.95. But support for the move is still $13.68 1/4 and so Friday's pit settlement price of $13.68 1/2 show that the higher move is tentative. A move below $13.68 1/4 would be targeting $13.24.

$15.50 1/2 -- the contract high 
$13.37 1/2 -- the 10-day moving average 
$13.52 1/4 -- the 20-day moving average 
$13.50 1/2 -- the 40-day moving average 
$8.19 3/4  -- the contract low 
 
   DECEMBER SOYBEAN MEAL combined pit and electronic trading

Bean meal is still supported by the $350.10-$346.80 technical band, and trading above $365.3 would give the contract a shot at $371-area resistance. But a move below $346.80 would test an interim low at $330.00 support.

$371.50 -- the contract high 
$353.80 -- the 10-day moving average 
$357.60 -- the 20-day moving average 
$354.70 -- the 40-day moving average 
$236.70  -- the contract low 
 
   DECEMBER SOYBEAN OIL combined pit and electronic trading

A higher move for bean oil depends on the prospect for a decisive move above daily resistance at 56.38 cents. In that case, traders could reasonably look for a test of 57.06. But a failed test of 56.38 would be the technical signal for a dip to 55.52.

61.45 -- the contract high 
54.95 -- the 10-day moving average 
55.97 -- the 20-day moving average 
56.55 -- the 40-day moving average 
32.24 -- the contract low
FeedDinner 2018