FeedDinner 2018

NOVEMBER SOYBEANS combined pit and electronic trading

The contract took out major resistance in the $12.38 - $14.11 1/4 daily trading band, and there seems to be little in the way of a revisit of the contract high. A corrective dip would test test the 10-day moving average.

$15.50 1/2 -- the contract high

$13.56 1/2 -- the 10-day moving average

$13.55 1/42-- the 20-day moving average

$13.32 1/2 -- the 40-day moving average

$8.19 3/4 -- the contract low

DECEMBER SOYBEAN MEAL combined pit and electronic trading

Friday's contract high holds out the prospect a minimum weekly move up to $397.50. Take profit at $390.60. Weekly support is $376.80.

$385.00 -- the contract high

$367.20 -- the 10-day moving average

$360.40 -- the 20-day moving average

$359.50 -- the 40-day moving average

$236.70 -- the contract low

DECEMBER SOYBEAN OIL combined pit and electronic trading

The move to 57.06 cents may be set back because the contract on Friday tested 56.57, the midpoint of the 52.73 - 60.41 trading range. A corrective dip to 54.88 may intervene.

61.45 -- the contract high

55.54 -- the 10-day moving average

55.18 -- the 20-day moving average

55.76 -- the 40-day moving average

32.24 -- the contract low

FeedDinner 2018