本报告来源： MacroTerms.com

数据截止: 2026-10-08 · 结算口径: 交易所最终日结算价

Soybeans (ZS=F) Deep Dive | Bullish on Crush & Seasonal Tailwinds | 2026-10-09

We maintain a bullish stance on Soybeans (ZS=F) driven by resilient crush margins, seasonal strength, and technical support at key moving averages. The current setup favors longs with a target above the 20-day resistance, provided the 1282 support holds. Recent price action shows a recovery from weekly lows, supported by improving fundamentals in the crush sector. Intraday trading in Asia reflects this sentiment, with prices holding above critical levels. The combination of technical bounce and fundamental strength creates a favorable risk-reward profile for long positions. We advise monitoring the 1292 pivot for confirmation of further upside, while keeping a close eye on any breakdown below 1282 which would invalidate the bullish thesis.