Soy slow to move on corn plantings

Discussion in 'Commodity Futures' started by RapidFireFX, Mar 30, 2007.

  1. I figured the soybean woudl pop a little bit better considering 15% decrease in plantings.

    What gives?
  2. Ever heard of sell the rumors buy the fact?
  3. Even with the reduction in soy plantings, we will still have the 4th largest (going back 20+ years) ending stocks if you project reasonable harvest and yield.
  4. Slow to move??? I just cleaned up 40 points this morning so far....

    I'm sure the professional day traders have grabbed more than that.

    All I can say is thank God I was short corn. Whew!!!. LOL