Vegetable Oil Rally Continues on Strength in Crude Oil and Optimism about U.S. Aid Package

Vegetable Oil Rally Continues on Strength in Crude Oil and Optimism about U.S. Aid Package

Vegetable Oil Rally Continues on Strength in Crude Oil and Optimism about U.S. Aid Package

Soybean oil prices traded in a relatively wide range before settling higher on Wednesday, with most contracts gaining about 1/2 percent (May contract +9 basis points). The most actively traded May contract, which posted the smallest increase for contracts with 2020 delivery dates, tested the 27-cent level for the first time in…

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