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Soybean futures have made higher lows and higher highs since December 2024, when the continuous contract bottomed at $9.47 per bushel. The current upside target and technical resistance level is at the November 2023 high of $13.9850 per bushel. A break above that level could threaten a test of the 2022 and 2012 highs at over $17.50 per bushel. Technical support is currently at the June 2026 low of $11.1025 per bushel, according to Andrew Hecht with Barchart.
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