1. In Mondays (January 4) Williams edge futures meeting it was noted that March soybeans (then trading at approximately $8.56) were expected to advance and test/attempt $8.63.
2. Subsequently, March soybeans declined slightly to $8.53 and then began the forecast advance to $8.63 which was completed in today’s (Tuesday, January 5) session (today’s session high, $864.6, so far). The successfully completes the trade. Will message any further entry or indication in March soybeans.