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Soybean Oil Settles Higher

Tore Alden | 05.07.2020 | Jacobsen

Soybean Oil Settles Higher

Soybean oil prices moved higher on Thursday as prices rallied with crude oil in overnight trading, but settled about 1/2 percent below the high of the day when crude oil gains evaporated at the beginning of U.S. trading. Soybean oil futures gained more than 1 1/2 percent (July contract +42 basis points) on strength in soybean futures and oil share spreading by the funds. The rally…

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Soybean Oil Settles Higher

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