09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
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Organic soybean imports from Canada to the United States have decelerated. After peaking during the 2021 calendar year, the volume dropped by 2K metric tons in 2022. The average volume per month decreased from 2.4K metric tons per month to 2.2K metric tons per month. During the first six-months of 2023, the average volume of monthly imports has declined to 1.1K metric tons per month.
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