Soybean oil poised for bullish 2026 as wheat faces pressure, BofA reports
NeutralFinancial Markets
- Bank of America (BofA) has reported a bullish outlook for soybean oil in 2026, while wheat is expected to face downward pressure. This projection highlights the contrasting market dynamics for these two commodities, with soybean oil poised for growth amid fluctuating agricultural conditions.
- The anticipated rise in soybean oil prices could benefit producers and investors in the sector, reflecting a shift in demand and market sentiment. Conversely, the pressure on wheat prices may impact farmers and stakeholders reliant on stable wheat markets.
- This development occurs against a backdrop of broader market trends, including a stable outlook for crude oil prices and shifting dollar positioning among investors. These factors suggest a complex interplay of economic indicators that could influence commodity markets and investor strategies moving forward.
— via World Pulse Now AI Editorial System


