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March Soybeans: Bullish But Getting Overdone?

The soybean market has been in a bullish trend, with March futures having rallied nearly $1.50 per bushel since mid-October. Driven by the best crushing margins in history, and first a dynamic rally in soybean oil, followed by an even more impressive and meteoric rise in soybean meal futures, soybeans have had little reason to fall. That may be about to change.

Funerals for Iran Troops Killed in 1980s Iraq War

DUBAI, United Arab Emirates (AP) Thousands of Iranians on Tuesday attended state-organized funerals for 400 soldiers killed in the 1980s Iran-Iraq war. Iran s president, meanwhile, lashed out at the United States and its allies, accusing them of fomenting anti-government protests that have been underway in Iran for over three months.

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