Loading…
December soybean oil closed at 67.97 cents on August 12, up 4 cents on the week and recovering much of its June-July decline. December soybean meal rose $12.80 to $417.90, near its highest level to date, with spot meal trading well above futures.
Strong spot meal demand and a technical breakout point to firmer soymeal prices, while soyoil gains tied to palm and crude oil support the oil complex and raise feed fat costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
