Chapter 5The Soy Secret (Super Seasonal #2)
“Three may keep a secret, if two of them are dead.”
—Benjamin Franklin
“The man who has no secrets from his wife either has no secrets or no wife.”
—Gilbert Wells
In this chapter, I plan to share with you our second super seasonal called the soy secret.
The soy secret is simply this: Soybeans exhibit a very strong tendency to form a seasonal price bottom during the month of October. The large number of farmers who tend to sell their crop right out of the fields at harvest time to generate cash causes selling pressure and creates this bottoming tendency. Sometimes, particularly in high-priced years, this market behavior is more pronounced than others. After the harvest selling pressure subsides, the ...
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