Biodiesel Market

The closing numbers

An improving crop report for soybeans and cooler damper weather forecast for the upcoming week worked to pierce the soybean oil bubble today. The soybean crop moved from 57% rated in good to excellent condition to 59%. The crop is still running well behind last year’s, which had a good to excellent rating of 72%.  With a cooler damper weather forecast anticipated in the upcoming week, there is a good chance of…