Tech Update - SK4 & SX4 Soybeans
Old Crop beans fell again today as the market saw large amounts old/new spread liquidation and rumors continued of both bean and meal vessels working into the U.S. Today's losses extends what has been a four day, 62 cent decline, since SK4 reached a contract high last Friday. Prices today broke-out to the downside of a month long ascending trend channel that had contained prices since March 12th...
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On Jan. 22, 2014, the National Grain and Feed Association (NGFA) and North American Export Grain Association (NAEGA) sent a letter to Syngenta asking the company to immediately halt commercialization in the United States of its Agrisure Viptera® corn and Agrisure Duracade® corn until such time as China and certain other U.S. export markets have granted required regulatory approvals/authorizations... Read full article
*Below are the 2014 trade shows we will be attending: