O'Reilly logo

The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits by George Kleinman

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

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 ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required