Vegetable Oils Bulletin

Vegetable Oils Bulletin

SHARP DECLINE IN CRUDE OIL PRESSURES WORLD VEGETABLE OIL PRICES

Soybean futures were narrowly mixed on Tuesday after trading in a 10-cent range with most contracts marginally lower, but the November 2019 contract up 1/2 cent on spreading. Prices were pressured by weakness in soybean oil futures, which settled more than 1 1/4 percent lower on Tuesday. Soybean oil futures were pressured by weakness in crude oil…

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05.02.2024

UCO, heating oil spread widens

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