Mike McGlone|Oct 01, 2026 11:29
New Soybeans Cage May Be $12-$14; Diesel Driving
It could take something substantial to dislodge soybeans from what appears to be a new cage between $12-$14 a bushel. My graphic highlights a top companion that helped push beans into the teens -- soaring diesel prices -- which may suggest a primary risk for falling back toward $12.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tm8158kgzaj3 {BI COMD}
#soybeans #diesel @BBGIntelligence
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