Vegetable Fats & Oils

Vegetable Fats & Oils

 

Bean Oil Slides Toward Support as Momentum Turns Negative

Bean oil prices edged lower on Monday and are poised to test target resistance near the December lows at 31.10.  Prices continue to face headwinds as a stronger dollar erodes commodity values and strong soybean yields make owning soybeans a difficult endeavor.

On Friday, weekly old crop export sales reported plunged to just 500,000 bushels, as deals previously allocated to unknown destinations…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

07.06.2020

Whether Risk Follows Lower Than Expected Acreage Report

06.30.2020

Soybean Oil Use in Biodiesel Production at 8-Month High

06.24.2020

June LCFS Transaction Volume Below 2020 Weekly Average

Latest News

04.14.2020

Podcast: Feedstocks to Biofuels Market Intelligence Weekly Webinar

02.11.2020

Small Refinery Exemptions

Blog

07.07.2020

Quality Management Systems

Latest Tweets

Chase Hubbard is on Thursday's discussion of The ‘Lo Down: Real Talk With Hemp Farmers. We’re going over the hemp marketplace with a fine-tooth comb, from pricing to ... forecasting, commoditization challenges, policy and much more #cbd #hempfarming https://www.instagram.com/p/CBDjGLSBXdb/

Webinar on 2020 Organic Corn and Soybean planting survey results, presented tomorrow. https://us02web.zoom.us/webinar/register/WN_tq4BSybeQ-K8lw8yE5vBjA #organic #organicfood ... #grain #corn

Load More...