Bean Oil Rallies Ahead of Friday’s Crop Report

Bean oil prices are higher on Tuesday following a long holiday weekend, a traders are soybeans are concerns about disappointing yields from initial crop harvests in the southern US and worries about hot weather late in the Midwest growing season. Those issues are prompting some traders who were short to exit those wagers, helping lift the overall market.  On Friday the USDA will release its supply-and-demand report,…