profarmer

Pro Farmer’s weekly report shows that the U.S. soybean weather window has turned bearish: early-August rainfall forecasts are weighing on the market. The corn condition rating suddenly fell by 4%, but soybean exports plunged by 48%, and the market’s pricing logic is shifting from the weather side to the demand side. Funds have moved out sharply and positions have shrunk in size; the market is stable but beneath the surface there is disagreement—can crushing demand take over as the new support? Watch for subsequent data to confirm.
#ProFarmer #CBOT大豆 #weather market switches to demand market