Most active soybean futures have traded lower in four of the past five weeks, and are again sharply lower through the first days of November, but could the $12.00 level inspire buyers?
Rhett Montgomery
DTN Lead Analyst
Rhett Montgomery is a DTN market analyst and has worked in the grain industry since 2017.
Rhett was raised on a farm and cattle operation in south-central Nebraska. Rhett earned his bachelor's degree in Agribusiness with an emphasis in marketing from the University of Nebraska-Lincoln in 2017. Rhett is currently working toward his Master's degree in Agricultural Economics from Virginia Tech. Prior to joining DTN, Rhett worked as a cash grain merchandiser and farm marketing adviser servicing Nebraska and neighboring states. Recently, Rhett and his wife Andie moved to Norman, Oklahoma, where Andie is pursuing her PhD in history from the University of Oklahoma.
Recent Blogs by Author
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Basis and futures spreads often reveal what headline market moves cannot. Understanding these overlooked indicators helps producers identify true market conditions and better-timed selling...
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Most active soybean futures have traded lower in four of the past five weeks, and are again sharply lower through the first days of November, but could the $12.00 level inspire buyers?
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Basis and futures spreads often reveal what headline market moves cannot. Understanding these overlooked indicators helps producers identify true market conditions and better-timed selling...