**Please note – There will be no report on Monday, Dec 25th.**

Cash markets for soybean oil and other vegetable oils slowed to a near halt on Friday, with the majority of participants out of their offices for the Christmas holiday. Basis on interior U.S. soybean oil eased further this week due to continued sluggishness in demand from the biofuel and food industries. Some reasons include reduced margins and low renewable identification number (RIN) prices. Indications on refined, bleached, and deodorized soybean oil (RBD) soybean oil in central Illinois stepped down to 9.75 cents over January soybean oil futures this week.  

Figure 1.

…