Can Soybean Prices Keep Trending Higher?
From Yahoo Finance: 2025-06-18 11:16:00
November soybean futures (ZSX25) show a buying opportunity as prices trend higher, hitting a four-month high. The moving average convergence divergence (MACD) indicator is bullish. U.S. soybean crop is entering critical growth months, with potential weather-market scares boosting prices. U.S.-China trade relations are improving, supporting better soybean exports. A move above $10.75 3/4 signals a buying opportunity with an upside target of $11.85. Technical support at $10.30.
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