This week, I will still choose long position soybean, because of the demand is bigger than the supply. We know that global soy prices have risen almost 30 percent since the start of the year. No other productive activity can compete with soy at these prices. So, I think in a very short term, soybean price will not decrease until people find a new way to solve this demand. Also, China’s soybean imports is always increasing ( China is a big soybean import country) this year, the increasing in demand from China leads to a high soybean price.
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