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

Tore Alden | 03.25.2020 | Jacobsen

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

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