Soybeans failing to act friendly.
Soybeans were drug higher in this morning's rush with corn and wheat, but failed to take out moving average resistance and take out a previous day's high. This is concerning that soybeans are making an end of the month high and will likely press lower into the November 9 crop report, which is setting up to be bearish for production and carry out.
![](https://getletter.net/wp-content/uploads/2021/10/102821-beans-1024x631.png)