Post-USDA Trade Idea: Soybean Bull Call Butterfly Spread
By Kristina Zurla Landgraf • Mar 11th, 2010 • Category: Broker Commentary, Educational, Market Updatesby Phil Streible On March 10, 2010 the USDA released its monthly crop production report indicating that carryout for this year’s soybean crop would be at 190 million bushels, down from last months estimate of 210 million bushels. Analysts were widely expecting a range of 194 to 196 million bushels. The USDA also cut production [...]
