Soybean Oil Prices Trade Sideways But Hedge Funds Continue to Increase Short Bets

Soybean oil prices rebounded following news that stocks were overestimated by analysts, allowing the oil share to remain stable. Hedge funds continued to add to short positions in futures and options betting that rising oil stocks will overwhelm oil prices.  Continued trade war issue will keep markets choppy generating unwanted volatility.

Hedge funds continued to add…