Soybean - Corn Ratio

I should be walking my dog or attending a yoga class this morning.

Or both.

That would have been a good idea.

Instead, I am looking at charts.

This one made me think of my friend Kevin and his American customers.

Soybean- Corn Ratio Weekly Chart

Notice how the ratio has returned to the trendline after breaking it in early February.

This is typical price behaviour.

Notice how the 30-, 40-, 50- Week Moving Averages are rising and becoming aligned with the short-term above the intermediate above the long-term.

This could begin a trend of higher Soybean prices relative to Corn.