date:Apr 07, 2016
It was always going to be hard for soybeans futures to hold on to such a heavy premium to corn at this point in the year.
Corn futures rose on Tuesday, as speculators begin to wind up the shorts put in last week, and demand begins to pick up.
And as soybean prices fall, futures of the oilseed are beginning to give back some of that hefty premium to corn which they picked up last Thursday.
Spread falls back from 8-month high
The spread between soybean futures and corn opened up to its widest