UAG - Exit Seasonal Bear Spreads In Soybeans And Enter Low-Cost Bull Spreads In Cocoa
- Soybean futures plummeted last week, bashing soybean bulls in the process.
- Cocoa is one of the only commodity markets not participating in the inflation trade.
- Cocoa tested long-term support just above $2,300 per ton and then bounced smartly, finishing the session $35 higher.
For further details see:
Exit Seasonal Bear Spreads In Soybeans And Enter Low-Cost Bull Spreads In Cocoa