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Blog

Cash SBO Basis Edges Lower on Waning Demand

Alexandra Watts | 09.13.2023

In central Illinois, crude-degummed (CD) and refined, bleached, and deoderized (RBD) soybean oil basis levels edged lower. CD soybean oil was pegged at 4.50 cents. Nearby RBD soybean oil and canola oil around Chicago were indicated at 13-14 cents, down from 13.5-14 cents previously. Indications for the first quarter of 2024 remain at an inverse...

First Organic Soybean Meal Deliveries Recorded from Russia, Turkey in July

Organic soybean meal prices have found some...

Missouri Regulators Look Behind the Curtain at Wholesale Extractor

Enormous volumes of smokable hemp flower entered cannabis markets in 2019. This...

Lower Trending Economic Data Seen Holding Diesel Demand Below 2022 Levels

The U.S. Energy Information Administration (EIA) released the September Short Term Energy Outlook (STEO) today. The report showed a...

History Suggests Lower Prices, Market Mostly Steady

The overall tone of the market was steady today with both buyers and sellers fairly quiet. Edible tallow did...

September WASDE Release Estimates Lower Production

For Tuesday, light trade broke into brisk activity with the release of the WASDE (World Agriculture Supply and Estimates)....

USDA Raises Corn Production, Soybeans Decrease

Trading activity for corn gluten products has been consistent. Participants noted various offers for meal, but prices...

Hide Offers Lists Expected to Be Short

**Fastmarkets is building a new content delivery platform for The Jacobsen. We are looking for customers who would be...

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Soybean Oil Futures Tumble after WASDE Report

Interior U.S. soybean oil basis levels were flat to slightly lower over the last week. Buying interest appears to...

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Blog

Cash SBO Basis Edges Lower on Waning Demand

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