Soybean prices are also in a very choppy sideways range over the last month or so. But recently the soybean market has fallen hard. We’ve gone below our moving averages which is a negative chart signal but we’re now sitting right on some fairly significant uptrend support. Today’s close at $14.48 is pretty close to chart support and that needs to hold or that could open up additional downside risk for the soybean market. But it is worth noting, technical indicators are very oversold. Therefore, with prices sitting at chart support and technicals oversold not a good day to be making sales.