Mike McGlone
Mike McGlone|10月 30, 2025 11:40
Soybeans 11 May Mark Do-or-Die for Agriculture, Energy in 2026 - Commodities in 2025 have been about low-elasticity metals vs. everything else, but center stage now may be soybeans, and 11 a bushel is a key ceiling. If beans can stay above that, it would have bullish implications for grains and energy. Our bias is it's unlikely that soybeans, corn, wheat, crude oil and natural gas will stay above 2025 averages in 2026, mainly due to supply excesses. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t4xw28gpfhq5 {BI COMD} #soybeans #corn #crudeoil #energy #agriculture @BBGIntelligence(Mike McGlone)
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