What went right in the 9th week

Last week, data suggesting that implied oil demand in China, the world’s second-largest oil consumer, grew 6.5 percent in October from a year earlier, which push up the price at November 13th However, commodity prices dropped even more pressure moving forward, with expectations for near-record supplies from South America by March.
Friday’s USDA report indicated that “the worst is over” for crop losses, said Tim Hannagan, a grain specialist for Alpari. He added that soy prices could resume their slide due to easing concerns about tight supplies, particularly if favorable weather promotes crop production in South America.
Few weeks ago farmers did not want to release their storage to hold the soybean price at a higher level, but when they start to sell their commodity, price will drop. I holed a short position last weekend and earned $8847