Soybean Futures Complex Surges on Strong Exports, Palm Oil Rally

Soybean Futures Complex Surges on Strong Exports, Palm Oil Rally

**Please Note – Bob Lane was out of the office today and will return on January 31.**

Soybean Futures Complex Surges on Strong Exports, Palm Oil Rally 

Alongside surging palm oil futures in Malaysia and renewed strength in crude oil markets, the U.S. soy futures complex rallied on Friday. Soybean prices traded at contract highs with worries about weather-related impacts to crop production in South America and rising exports from the U.S triggering technical buying. The…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.17.2024

What is Biodiesel?

What is Biodiesel?

Biodiesel is a renewable fuel produced thorough the transesterification process. Transesterification is a chemical progression that converts vegetable oil, or other fats, oils and greases, into biodiesel. ...

04.17.2024

DCO production falls on seasonal maintenance in ethanol sector

DCO production falls on seasonal maintenance in ethanol sector

Distiller’s corn oil (DCO) traded into the Gulf market in a range of 44.5 – 45.25 cents lb delivered on Wednesday.
Slowing demand for May has contributed to...

04.17.2024

Broiler slaughter moves higher into May

Broiler slaughter moves higher into May

Animal proteins on Wednesday April 17 had modest range adjustments, with market sources calling the market, "quiet." Meat and bonemeal as well as bloodmeal remain under negative pressure, however,...

Latest Tweets