Weekly Winners & Losers
Winners
Soybean meal continued its hot streak the first week of 2023, with March making a new high of $479 (Jan futures traded above $500), before finishing out the week at $477.6, up more than 4% ($19) from last week’s close.
Aside from the barrage of China+Covid headlines - beans are product-driven and have been for months now.
It…
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