SOYBEAN OIL SURGES ON THE STRENGTH IN SOYBEAN AND ENERGY FUTURES WHILE INTERNATIONAL VEGETABLE OIL MARKETS WERE MIXED

Soybean futures posted the largest gain in a week on Friday with the nearby contract up more than one percent. Gains were smaller in the deferred contracts with the March 2020 contract up a little more than 1/2 percent. The rally drove the continuous nearby contract to settle at the highest level since June 14. Prices were…