Commodity Margin Hikes Continue: Next Up - Soybeans
Earlier today, after highlighting the cotton margin increase, we said that next up were "coffee, soybeans, wheat." A few hours later we are right about at least one of three. Soybean margins have just gone up by $250 on maintenance to $2,750.We still believe that coffee, wheat, pork bellies, and gold will follow imminently, although gold may a stretch as the threat of a margin hike will have a far greater impact than it actually happening.
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