Uncertified operations outnumber occurences of fraud
Historically, many operations have farmed organically and advertised their products with an "organic" label, without being certified. For...
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Soybean oil futures spiral lower with no Chinese UCO tariff hike
In Chicago, soybean oil futures spiraled lower on Tuesday May 14 amid reports the US will not impose higher tariffs on Chinese used cooking oil (UCO) imports. On Tuesday, the US White House announced increased tariffs on several Chinese goods, but this did not include UCO.
On the Chicago Mercantile Exchange (CME), the most widely traded July soybean oil futures ended at $0.4340 per lb on Tuesday, down 175 basis points per lb, or 3.88%, from $0.4515 per lb on Monday May...
