Tuesday, February 5, 2013
Soybean futures have been steadily climbing for more than half a month on inclement growing and harvesting conditions in South America. However, weather conditions are shifting, and this could put pressure on prices. Brazil’s re-entry into the cash market could result in softer US export demand. Weather developments in South America should be closely monitored over the next two weeks. Technically, the Soybean chart shows overbought conditions as prices approach a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards