Chicago Soybeans And Meal Press On To New Highs, Oil Slumps

22/07/13 -- Soycomplex: It was a continuation of the same old theme, with nearby months posting strong gains on strong demand, tight US stocks and a likely late harvest further exacerbating the front end squeeze. Aug 13 meal closed limit up bid, with front month beans gaining almost 30 cents. This was a lifetime contract high for Aug 13 meal, whilst Aug 13 soybean oil closed at a new lowest close