
Mike McGlone|Aug 13, 2025 11:44
Soybeans, Crude on Similar Low-Price Cure Paths -
Soybeans share same-chart syndrome with crude oil, with both headed lower. A prerequisite for the oil seed to stabilize might be rising crude. WTI, at about 64 a barrel on Aug. 11, is showing comfort below 2024's 65 low for a reason -- increasing supply excesses.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t0vle6gpl495 {BI COMD}
#crudeoil #soybeans @BBGIntelligence(Mike McGlone)
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