A few days ago I initiated a small trade in soybean futures. This deal now looks a little bit better:
As the chart shows, the short - term downward trend in soybean prices was broken - it is the first indication that something is changing.
Today the FED holds its July meeting so big fluctuations in asset prices are expected.
Soybeans are no exception - FED statement is 15 minutes to the close of soybean trading so everything may happen...