Soybean Oil Prices Rally on Fund Spreading

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Soybean Oil Prices Rally on Fund Spreading

Tore Alden | 07.07.2020

Vegetable oil prices were mixed on Tuesday as weakness in crude oil prices and bearish data weighed on palm oil while fund spreading supported soybean oil. Crude oil rallied from overnight lows during U.S. trading hours, which also helped support soybean oil prices, but ended U.S. agricultural trading hours slightly lower. The direction of crude oil in the short term remains unclear as economic activity seems to stay on an upward trajectory despite the growing number of coronav...

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Organic Chicken Slaughter Continues to Rebound

Organic Chicken Slaughter Continues to Rebound

 

Organic wheat prices remain stable with little activity along with organic corn prices which are hovering near $7.0/$7.10 in...

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Whether Risk Follows Lower Than Expected Acreage Report

Whether Risk Follows Lower Than Expected Acreage Report

 

Weekly Recap - Grain Prices Rise on Reduced Acreage...

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Hemp Markets Evolving at Rapid Pace

Hemp Markets Evolving at Rapid Pace

Cannabinoid markets are showing signs of strengthening, though hemp pricing has not moved significantly.  The progress we see...

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Bullish U.S. Acreage Data Drives Soybean Oil Higher

Bullish U.S. Acreage Data Drives Soybean Oil Higher

Vegetable oil prices were mixed on Tuesday as weakness in crude oil prices weighed on palm oil,...

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Hemp Breeding

Hemp Breeding

Dr. John McKay, Director of Genetics for New West Genetics and Josh Schneider, CEO of Cultivaris spoke at...

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Indian Organic Soybean Meal Prices Continue to Ease

Indian Organic Soybean Meal Prices Continue to Ease

 

Organic soybean and soybean meal prices are continuing to face downward pressure FOB India. Prices traded at low at...

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Soybean Oil Use in Biodiesel Production at 8-Month High

Soybean Oil Use in Biodiesel Production at 8-Month High

The Energy Information Administration's (EIA) Biodiesel Production Report showed 143 million gallons of US biodiesel produced from 1.07 billion...

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Ruminant Blood Meal Prices Slide in June on Strong Production

Ruminant Blood Meal Prices Slide in June on Strong Production

Ruminant blood meal prices moved lower today as did ruminant MBM out of the Panhandle market. Strong production contin...

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11.11.2024

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...

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11.11.2024

DCO starts the week higher; hog slaughter increases slightly

DCO starts the week higher; hog slaughter increases slightly

Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.

A...

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11.11.2024

US cattle slaughter continues to fall behind 2023 levels

US cattle slaughter continues to fall behind 2023 levels

Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.

Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...

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