|
|
|
|
|
Soybean Oil (CBOT): (High: Apr-May//Low: Aug-Oct or Dec-Jan) With a number not only of food and industrial applications but also of competitors, soyoil follows a contrasting pattern. Market mostly ignores "February Break" in a consistent rise from year end into early May peak. Once its decline begins, market finds little support -- other than occasional weather rallies -- as competitors become increasingly available. Like soymeal, soyoil has often rallied with beginning of new-crop marketing year October 1. |
|
|
|