05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Malaysian palm oil production not only moved higher for the first time in 7 months, but also jumped 33% in March after stumbling in Jan and Feb due to monsoon flooding. Output hit 1,494,837 metric tons and although it was up significantly from February’s production, it was almost identical to the 1,497,145 MT seen in March of 2014.
March output exceeded analyst expectations, which were looking for a more modest…