Organic Soybeans Hover Above Support Heading Into the Holiday

Organic Soybeans Hover Above Support Heading Into the Holiday

 
Organic soybean prices are stable heading into the holiday season hovering just above support levels near the Bollinger band low at $18.25 per bushel which is 2-standard deviation below the 20-week moving average. Resistance on organic soybeans is seen near the 20-week moving average at $18.50 per bushel with additional resistance near $18.75 near the Bollinger band high which is 2-standard deviations above the 20-week moving average. 

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