Soybeans & Grains Continue Lower--Can Soybeans Go To $12 ?

12 Nov Posted by Mike Seery in Blog, commodity trading, corn futures, futures broker, Kansas City wheat, Michael Seery, Minneapolis wheat, oat futures, rough rice futures, Seery Futures.com, soybean futures, soybean meal futures, soybean oil futures, wheat futures

Grain Futures--- The grain market in Chicago today continued their onslaught to the downside with soybeans down another $.46 a bushel January in the contract at 14.05 a bushel right near a 5 month low with major support all the way down to 12.50 – 14.00 in an ugly day after last Friday’s extremely bearish report showing ample supplies even though exports were increased traders are believing $14 a bushel is