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Teucrium Soybean Fund ETVTeucrium Soybean Fund ETVTeucrium Soybean Fund ETV

Teucrium Soybean Fund ETV

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SOYB rallied to a new high for this move to $28.73 and pulled back to $27.57 and retested and is now moving up again here to $27.97. Soybeans have the lowest Good-Excellent reading in the current crop in South America (Argentina). Monitor closely

SOYB is poised for a big move up here based on the consolidation near the high here and with China opening back up there will be big demands for soybeans going forward.