10 year Bean Projection (potentially)
Updated
10yr Corn outlook: Potential course of the Bean market for the next 10 years. Previous inflationary markets have caused for the multi year market structure to step up in price ranges. Before that range is found, Beans will need to mark a pivot high enough to ration some future demand. The low found after a major high is made, could mark an area for the future multi year market structure. The market should remain very sensitive for another few years. Sensitive to world demand and production misses across the globe. There are many climate cycles coming ahead that could add to potential Ag production shortages.
**Not a prediction, something to watch**
**Not a prediction, something to watch**
Note
Front Month Soybeans are trading inside the yellow box that "could be" the market structure for the next few years. 12.00-11.50 is the bottom of the range, 14.00-14.50 may be the top. We Will See..
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