Biodiesel Market

Soybean oil attempted to hold ground today.  The market traded sideways and was even in positive territory for most of the day, but the afternoon proved too much and support crumbled.  Futures traded as high as 32.04 and as low as 31.52 but showed promise as the market hit its high around 11am.  That quickly evaporated and the market moved steadily lower and hit its low of the day before slightly rebounding to 31.55 cents per…