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Inside Commodity Futures: Vegetable Oil Leads Soybeans Higher
Daniels Trading Commodity Futures Broker Craig Turner discusses how global vegetable oil shortages are leading soybean oil higher and also putting a bid in soybean futures. US old crop stocks are getting smaller, new crop yields are getting bigger, harvest is being delayed in the US, and South America is having planting delays. We also go over some soybean futures spreads to watch for both speculators and hedgers.
Craig Turner – Senior Futures & Options Broker
Author of Turner’s Take futures spread trading newsletter
www.turnerstake.com
312-706-7610
Twitter: @Turners_Take
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By Craig Turner and StoneX
4.9
3232 ratings
Daniels Trading Commodity Futures Broker Craig Turner discusses how global vegetable oil shortages are leading soybean oil higher and also putting a bid in soybean futures. US old crop stocks are getting smaller, new crop yields are getting bigger, harvest is being delayed in the US, and South America is having planting delays. We also go over some soybean futures spreads to watch for both speculators and hedgers.
Craig Turner – Senior Futures & Options Broker
Author of Turner’s Take futures spread trading newsletter
www.turnerstake.com
312-706-7610
Twitter: @Turners_Take
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