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CME commentary reports a steep rally in May soybean futures driven by high soybean oil prices. Export sales were described as disappointing ahead of USDA reports due that Monday.
Soybean oil strength is lifting crush margins and soybean futures, though weak export sales limit the rally's durability.
think.ing.comWarren PattersonMar 6, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
