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News 2026-10-06 06:09 UTC

CBOT soybeans may test support at $12.74-3/4

The CBOT soybean November contract (SX26) may test support at $12.74-3/4 per bushel, with a break below that level potentially leading to $12.66-1/2. The wave pattern suggests a triple-zigzag is developing, with wave 'a' currently unfolding and expected to move significantly below $12.74-3/4.

News 2026-10-06 06:07 UTC

CBOT soybeans may test support at $12.74-3/4

The CBOT soybean November contract may test support at $12.74-3/4 per bushel, with a break below potentially opening the way toward $12.66-1/2. Resistance is at $12.82-3/4.