Oil Share Slumps as Hedge Funds Sell Oil and Buy Meal

The oil share in the bean complex has tumbled which has been a function of hedge fund moving into bean meal and out of oil.  Dry weather in the South American countries has led to worries that production would be harmed, which has helped buoy soybean prices. The most-recent 6-to-15-day forecasts, are calling for continued dry weather in the southern half of Brazil’s corn and soybean growing areas.

Acco…