Al Kluis, managing director of Kluis Commodity Advisors, thinks traders won't see the soybean market turn until there are real orders and action taken.
When commodity prices go up, retail prices generally do too. When commodity prices go down, retail prices... seem to stay the same. What's going on?
Recent rain in Missouri has helped drought-stricken farmers. Cattle rancher Ken Lenox says the grass is practically jumping out of the ground. Despite the promise of new feed, hay prices remain high, and ranchers are closely guarding what they have.