Demand Finally Cooling For Beans?
Tuesday, December 18, 2012 Soybeans have been one of the better performing commodity markets since mid-November, fueled by strong export demand. Yesterday’s export inspections figures suggest that demand could be cooling. Despite much talk over the weekend that both parties were nearing a compromise in Fiscal Cliff talks, it appears that both sides could still [...]
Tuesday, December 18, 2012
Soybeans have been one of the better performing commodity markets since mid-November, fueled by strong export demand. Yesterday’s export inspections figures suggest that demand could be cooling. Despite much talk over the weekend that both parties were nearing a compromise in Fiscal Cliff talks, it appears that both sides could still be a ways apart. In addition to demand cooling, Soybeans could also find outside pressure from a weaker Corn market. Technically, it … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards