Bean Oil Seasonal Chart
|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.|
|Charts courtesy of Moore Research Center, Inc.|
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