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The Soybean Ambush and Corn’s Quiet Collapse

Soybeans: The 65-Cent Swing That Hit Hard

Out East, major grain buyers just flipped from 20 over July to 20 under November. That’s a 65-cent hit in one move—and it crushed expectations for a tightening cash market.

This wasn’t noise. It was a signal. And it told us something serious: buyers think they’ve got enough beans to ride through summer.

Bear spreads confirm it. July is slipping while November firms up. The bullish case for beans just cracked.

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