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A trading newsletter highlights the December CBOT soybean oil trend ahead of the September USDA WASDE report and asks whether the report could change that trend. The piece is a technical market commentary without a new supply or demand development.
Routine technical commentary ahead of a report offers no new fundamental signal for soybean oil prices beyond the upcoming WASDE event.
cannontrading.comSep 11, 2020Not 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.
