Soybean Oil Cash Basis Firm to Higher

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Soybean Oil Cash Basis Firm to Higher

Alexandra Watts | 07.25.2023

The cash market for soybean oil was quiet once again on Tuesday, with bid/offer ranges remaining fairly wide. Basis on crude-degummed (CD) and refined, blended, and deodorized (RBD) soybean oil was firm to higher with supply still tight following reports of sold-out capacity through the third quarter. Basis on CD soybean oil into the Gulf moved up to nine cents, up fr...

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Soybean Oil Market Continues to Pressure Fats, DCO Higher

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The market was fairly active for a Monday with choice white grease (CWG) trading higher...

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July Cattle on Feed Shows Continued Head Count Reduction

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Limited trade was reported for the day with most participants testing the market due to high volatility on the...

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Soybean Crush Margins Surge by 75 Percent YOY

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Values for DDGs experienced a slight surge due to the rapid fluctuation in corn prices. Market participants indicated that...

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Hide trading over the weekend was steady with Friday's report for cow hide selections. Mid-weight packer butt branded steers...

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Edible Oil Prices Surge on Hot Weather, Black Sea Tensions

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World vegetable oil prices surged out of the gate on Monday. Palm oil and soybean oil futures rallied, with...

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