The soybean futures market has made a solid rebound recently, to suggest a market bottom is in place and that prices can sustain a near-term uptrend. The corn market is also showing early signs of bottoming out. In the coming months, weather market scares during the U.S. planting and growing season will likely occur, to increase daily price volatility and likely prompt quick upside price action. It is my bias that the grain futures markets have put in major bottoms and their present prices are long-term value-buying opportunities. Stay tuned!–Jim
