FeedDinner 2018
JANUARY SOYBEANS -- combined pit and electronic trading

January soybeans continued lower piercing psychological support at $12.00. Next downside support is seen at 11.85 3/4. If that breaks, the Oct. 4 low at $11.63 1/2 is vulnerable. Daily resistance at $12.07 1/2 and then $12.23.

$15.50 1/2 -- the contract high 
$12.26     --   the 10-day moving average 
$12.26 1/4 --   the 20-day moving average 
$12.73     --   the 40-day moving average 
$8.19 3/4  -- the contract low 
 
   DECEMBERSOYBEAN MEAL -- combined pit and electronic trading

Market stalled at support at $310.10, the Oct. 6 high. That is first support. Declines under that level would target the $300.09 level. Resistance lies at $314.20 and then $318.00.

$390.40   -- the contract high 
$318.40   -- the 10-day moving average 
$317.60   -- the 20-day moving average 
$330.00   -- the 40-day moving average 
$236.70   -- the contract low 
 
   DECEMBER SOYBEAN OIL -- combined pit and electronic trading

Bean oil sees support at 49.95 and 50.00. If that support cracks, next major support comes in at 48.90. On the upside, resistance lies at 51.32 and then 52.50.

61.45 --   the contract high 
51.42 --   the 10-day moving average 
51.38 --   the 20-day moving average 
53.02 --   the 40-day moving average 
32.24 --   the contract low
FeedDinner 2018