Non-GMO Premiums like Windfall for some Farms
As key U.S. bulk ag commodities lose value, there are...
Spot markets for vegetable oils were quiet on Monday. Market participants continued to point to lower indications in the Midwest corn oil market for both crude and refined corn oil. Feedstock supply is plentiful and demand from the biofuels sector continues to languish. Crude-degummed soybean oil basis at the Gulf was also lower, with assessments pegged at parity to 50 basis points above benchmark May soybean oil futures on the CME. Trading in the Gulf was reported at optio...
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