How To Turtle Trade Soybean Futures?
Are you a day trader? Do you trade currencies? Or are you a stock day trader? Have you ever thought of trading agricultural commodities? Commodities as an asset class often gets ignored. But if you take a look at the historical return offered by the commodity market, you will find the ROI much superior as compared to stocks or for that matter currencies. Remember the summer of 2008 when crude oil prices jumped from around $60-70 to above $140 per barrel in a matter of two to three months. Now, soybeans are an agricultural commodity that are also known as Magic Beans. Soybeans are in high demand as there applications keep on growing. Soybeans are being increasingly used as a fuel additive. Soybeans are also being used as feedstock and in trendy food products. So you can well imagine, how important magic beans are to the global economy. With the global economy getting out of the recession, this demand is going to skyrocket.
Soybeans are a vital crop for the global economy. Soybeans are used for the poultry feedstock to the creation of the vegetable oil. Now, you can trade soybeans themselves as well as soybean oil and soybean meal. Most soybeans are used for extracting soybean oil which is used as a vegetable oil and soybean meal which is used as a agricultural feedstock.
Now, the global leader in growing soybeans is United States followed by Brazil. United States has got 50% of the global market share. BRazil accounts for 20% of the market share. The best place to trade magic beans is the Chicago Board of Trade (CBOT). You can trade soybean futures contracts at CBOT!
As the prices of oil and gasoline skyrocket, there will be an increasing demand for soybeans as it is being increasingly used in biodiesel and other alternative energy technologies. Biodiesel is being promoted on a large scale accross the world. In Europe, United States and other part where cars are increasingly being converted to run on biodiesel. These cars are popularly known as Frybrids and give a better mileage and have low environmentally polluting exhausts.
In this decade, demand for soybean oil will increase as the global economy tries to come to grip with rising oil prices. Biodiesel will become more popular. You can position yourself for this boom in the soybean market by learning how to trade soybean futures at CBOT.
CBOT (Chicago Board of Trade) is the most important exchange that allows you to trade many agricultural products such as oats, soybeans, ethanol and others. You can even trade precious metals futures contracts on CBOT. Many day traders successfully trade these futures contracts and make a good living. You too can learn how to trade these futures contract. As the global population increases, these commodities are going to skyrocket in prices. The world saw a glimpse of that in the summer of 2008 when prices of most of these commodities skyrocketed.
Trading soybean futures and soybean oil futures is one of the ways to profit from the volatility in the futures market. Whatever is left after the extraction of soybean oil is converted into soybean meal. Soybean meal is used as a feedstock in the cattle, hogs and poultry industry. You can trade these soybean meal futures contracts at CBOT.
Soybeans are a vital crop for the global economy. Soybeans are used for the poultry feedstock to the creation of the vegetable oil. Now, you can trade soybeans themselves as well as soybean oil and soybean meal. Most soybeans are used for extracting soybean oil which is used as a vegetable oil and soybean meal which is used as a agricultural feedstock.
Now, the global leader in growing soybeans is United States followed by Brazil. United States has got 50% of the global market share. BRazil accounts for 20% of the market share. The best place to trade magic beans is the Chicago Board of Trade (CBOT). You can trade soybean futures contracts at CBOT!
As the prices of oil and gasoline skyrocket, there will be an increasing demand for soybeans as it is being increasingly used in biodiesel and other alternative energy technologies. Biodiesel is being promoted on a large scale accross the world. In Europe, United States and other part where cars are increasingly being converted to run on biodiesel. These cars are popularly known as Frybrids and give a better mileage and have low environmentally polluting exhausts.
In this decade, demand for soybean oil will increase as the global economy tries to come to grip with rising oil prices. Biodiesel will become more popular. You can position yourself for this boom in the soybean market by learning how to trade soybean futures at CBOT.
CBOT (Chicago Board of Trade) is the most important exchange that allows you to trade many agricultural products such as oats, soybeans, ethanol and others. You can even trade precious metals futures contracts on CBOT. Many day traders successfully trade these futures contracts and make a good living. You too can learn how to trade these futures contract. As the global population increases, these commodities are going to skyrocket in prices. The world saw a glimpse of that in the summer of 2008 when prices of most of these commodities skyrocketed.
Trading soybean futures and soybean oil futures is one of the ways to profit from the volatility in the futures market. Whatever is left after the extraction of soybean oil is converted into soybean meal. Soybean meal is used as a feedstock in the cattle, hogs and poultry industry. You can trade these soybean meal futures contracts at CBOT.
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