While soybeans often seemed joined at the hip with the stock market this fall, signs of a little stabilization on Wall Street didn't do beans much good last week. Instead, futures went back to following crude oil for direction, and that guidance was relentlessly negative.
While weak demand is fundamental culprit behind the drop in crude, that rationale doesn't apply to beans. True, exports were down last week, but that may have been more about turkeys than bears. Weak oil markets are pressuring domestic crush, but as long as
Supportive news also came out of