
Soybean oil broke out to contract highs in May on strong exports and optimism over biofuel blending mandates, then fell sharply in a series of selloffs since the May 14 high. The selloffs were attributed to rumors that EPA would grant a mass of Small Refinery Exemptions for more than 160 applications, which EPA has repeatedly denied.
Biofuel policy headlines on small refinery exemptions can swing domestic demand for soybean oil sharply, and the analyst sees bullish potential if buyers return, which would support soybean oil and crush margins for soymeal.
Nach 196 vergangenen Ereignisse (neutral, Politik) bewegte sich Sojaöl im Median über 5 Handelstage um +0,1 % (52% höher; mittlere Hälfte -1,6 % bis +2,0 %) und über 20 Handelstage um -0,5 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.