RBD Soybean Oil Basis Heads Higher Again

Blog

RBD Soybean Oil Basis Heads Higher Again

Alexandra Watts | 06.13.2023

Basis on refined, bleached, and deodorized (RBD) soybean oil in Illinois was up another 1.25 cents this week to 16.5 cents above July soybean oil futures. Interior supply remains tight, and demand is still firm.

Since May 31, RBD prices are up almost 11 cents, or 18 percent, to a three-month high at 71.93 cents per pound. With crude-degummed soybean oil basis fairly stable over the last two weeks, the price spread between RBD and crude-de...

Read More
New Measures to Advance Organic Textiles, Ensure Provenance

New Measures to Advance Organic Textiles, Ensure Provenance

The

Membership required to view content.
was released in March of this...

READ MORE

Hemp Fiber Segment to Benefit from GOTS v 7.0

Hemp Fiber Segment to Benefit from GOTS v 7.0

The

Membership required to view content.
was released in March of this...

READ MORE

Rising Soybean Oil Cost Weighs on Biodiesel Margins

Rising Soybean Oil Cost Weighs on Biodiesel Margins

RBD Soybean Oil Premium to Crude Degummed Approaches 12-Cents
Surging soybean oil costs along with softer biodiesel pricing combined to...

READ MORE

CWG Market Chases SBO Market Higher

CWG Market Chases SBO Market Higher

The market was mostly quiet today with market participants again opting to take a wait-and-see approach ahead of the...

READ MORE

Hog Slaughter Into July Projected Slightly Above 2022

Hog Slaughter Into July Projected Slightly Above 2022

Limited trade was reported on Monday as most participants test the market following the USDA WASDE release on Friday.

READ MORE

Weekly Soybean Crush: Soybean Oil Reaches 9-Week High

Weekly Soybean Crush: Soybean Oil Reaches 9-Week High

Market Update

Reports suggest DDGs have experienced continued negative pressure due to sluggish demand...

READ MORE

Slow Hide Trading Ahead of Federal Reserve Meeting Tomorrow

Slow Hide Trading Ahead of Federal Reserve Meeting Tomorrow

The US hide market was inactive over the weekend as most sellers wrapped up their business at the end...

READ MORE

Sinking Crude Oil Futures Tug SBO Futures Lower

Sinking Crude Oil Futures Tug SBO Futures Lower

World edible oil prices were down on Monday, with profit-taking and fresh selling weighing down palm oil and soybean...

READ MORE

Articles by Topic

Blog

01.10.2025

Canadian government awards $11 mln in renewable fuels grants

Canadian government awards $11 mln in renewable fuels grants

Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.

READ MORE

01.10.2025

Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...

READ MORE

01.10.2025

Sausage casings bulletin, January 10, 2025

Sausage casings bulletin, January 10, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is r...

READ MORE

Latest Tweets

Twitter feed is not available at the moment.