plenty of head scratching this morning regarding the move higher in soybeans post 8:30 open. Soybeans +60 ticks,meal +140 ticks cal spreads in both products continue to strengthen.A few ideas for move higher First, stats Canada released their planting forecasts and it shows less Soy to be planted then forecast.The move higher in Soy meal most likely comes from the damage to an Argentine Export facility that will curtail worldwide supply.lastly US trade delegation heads to China next week to iron out differences causing a sigh of relief for those who worried about tariffs.Of  the Three the Soymeal story is the One I place responsibility on for pushing soy complex higher. A surprise move higher during a week with plenty of surprises in other markets.

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