Soybean prices also seeing a big down day and has turned the chart downward as well. Technical now pointed down in the soybeans.
So, charts and technical do look negative, but bean prices like corn did come down to major chart support where our up-trend line and 40-day moving average come into play.
The only difference in beans is that the previous lows set around March 1st is still about 50 cents or so below where we closed today.