Typical Soybean Cycle From $12 May Return Below $10 The soybean futures rush above $12 a bushel in 1H, on the back of WTI crude oil's push above $100 a barrel, may fuel a pendulum swing back to $10 in 2H. In addition to this typical cycle, our graphic highlights two major headwinds for the primary oilseed: massive Brazilian supply and stretched net-long speculators. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/th4p59rkv2tz {BI COMD} #corn #soybeans #wheat #grains @Bloomberg(Mike McGlone)