See on the daily bar chart for March soybean futures that prices are in an uptrend and the bulls have the near-term technical advantage. Soybean meal futures continue to surge, which is supporting the advance in soybeans. Soybeans are now the price leader in the grain futures complex, which means that corn is being pulled higher and wheat prices have stabilized due to the strong soybean and meal markets. Traders in all the grain markets need to look to soybeans for daily price direction for the near term. Stay tuned! Jim Wyckoff