The Market Dilemma: Waiting for a Signal That May Not Come
- Zach Abramson
- Oct 23
- 2 min read
Harvest is rolling fast, and with it comes a sense of pause in the markets. But don’t confuse quiet for calm. The soybean complex is quietly building toward a potential pivot, with the December straddle suggesting a 31-cent move in either direction. That’s a clear signal the market is bracing for impact.
If China shows up at the end-of-month meeting and buys, even modestly, it could lift prices across grains. If they don’t, or if the meeting falls apart, expect another wave of pressure.
“You look at the straddle of December... It gives you an idea of what they think beans could move.”
Corn
Corn continues to grind in a tight, predictable range. That’s been workable if you’re staying nimble.