Fastmarkets assessed the

The move in basis countered a slight uptick in futures prices on Tuesday. Fastmarkets’ price assessment for

CME May soybean oil futures ended the day at $0.4531 per lb, up by 27 basis points per lb or 0.6%, and July soybean oil futures closed at $0.4588 per lb, up by 22 basis points per lb or 0.5%.

…