AgResource Soybean Comment and Analysis
Soy Futures End Mixed as Oil/Meal Spreads Reverse on Risk Aversion: The uncertinty of the coming March 31st Reports had fund managers liquidating soy length to reduce risk. Soyoil gave back much of the early week gains, with losses in May stopped by the daily 2.5 cent trading limit. Meal gained on oil/meal spread unwinding…