Tariff pause prolongs uncertainty in organic markets
Organic imports from Canada continue to face strong headwinds from potential tariff action. The proposed 25% tariff on Mexican and...
US Interior and Gulf crude-degummed soybean oil basis levels were mostly steady on Tuesday February 4, in what several trading sources described as an ongoing sloppy market.
The basis on Central Illinois crude-degummed soybean oil was pegged at a 50-200 point discount FOB to the benchmark March soybean oil futures contract on the Chicago Mercantile Exchange.
Trade sources said that a recent decline in soyoil basis export premiums in Argentina should lead to a pullback in US shipments of the...