Harvest in the Southern Hemisphere can cause a dead-cat bounce beginning with the harvest low in February, says market analyst Roy Smith. This is followed by the bounce in March and April.
There are two possible risks for individuals using the long-term seasonal price charts to trigger sales of either soybeans or corn.
Soybean futures prices are bumping up against a level that represents the highest price for this move.
SoyRoy recalls the history of options and their continued use as a valuable marketing tool for farmers.
Weather extremes show up in multiple years in a 50-year farming career.
Friday’s grain move was a long time coming.