Soybean May

Quote from TraDaToR:
----discount to March and July?
----something special....
More...
1) Are you talking about "new crop" May in 2014 and 2015? You may be observing stale quotes and/or "goofy" settlement prices that may be "straightened out" the next day. :cool:
2) It might have something to do with the South American harvest pressuring May with respect to the adjacent months. :eek:
3) There may be some type of delivery quirk in the contract specifications that influences May compared to the other months. :)
 
Not stale quotes.

Your explanation with SA soybeans sounds likely. It has been going on only for a few years which corresponds to SA becoming a major producer like the US, it wasn't the case 20 years ago but it is a constant behaviour now. :)
 
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