Soybean prices have also been working higher but interesting in the soybean chart is that although we’ve traded higher the last few days we still haven’t taken out the highs posted last week on Tuesday at $15.74. The long term trend is up but we still need to take out last week’s high in order to confirm the uptrend is continuing. Technical indicators are just now getting into the overbought so no sign at least not yet, of topping action in beans.