Tidbits
The farm bill will provide nearly $31 billion in disaster and economic aid to farmers, but it looks like it will be late March before payments are made. You can read DTN’s summary of the Farm Bill's financial aid at this link.
The Soybean Seasonal Trend the next 30 days is very predictable. We covered this two weeks ago and here it is again. The past 6 years, March soybeans have lost an average of 88½¢ as the market priced-in Brazil’s soybean crop being made in the month of January. Here is the past 6 year seasonal chart and the actual dates and price changes each of the past 6 years.
