Soybean oil futures rallied more than 6% on Friday January 10, with the March contract settling at $0.4558 per lb, its highest settlement in two months. The move followed a weaker dollar, firmer energy prices, and the USDA's January WASDE, which raised 2024/25 US soybean oil production and exports for a second month.
Partial 45Z tax credit guidance was also anticipated.
A larger export forecast combined with a smaller biofuel allocation tightens domestic supply, supporting soybean oil prices and feedstock demand for meal and oil buyers.
Setelah 296 peristiwa laporan bullish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,8% sampai +2,0%), dan -0,5% selama 20 sesi.
Setelah 747 peristiwa laporan bullish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,4% sampai +2,1%), dan +0,8% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.