GAINS IN ENERGY PRICES AND OIL/MEAL SPREADING SUPPORT SOYBEAN OIL PRICES

Soybean futures gained a little more than 3/4 percent on Friday. Prices were supported by solid export data and limited short covering ahead of the weekend. It was the fourth day of the last five that nearby soybean futures rallied, but the price still has not moved above the high set on Monday. Traders are also still looking for any sign that…