Weakness in Soybean Prices Drives Soybean Oil Lower

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Weakness in Soybean Prices Drives Soybean Oil Lower

Tore Alden | 04.07.2021

Vegetable oil prices were mixed on Wednesday as follow-through buying from Tuesday's bullish export and production data and strength in Chinese vegetable oil markets supported palm oil. Soybean oil futures were also stronger overnight but dropped sharply at the U.S. opening following sharp declines in soybean futures on news of robust export shipments from Brazil during March.

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January Retail Shoe Sales Fall to $2 Billion

January Retail Shoe Sales Fall to $2 Billion

The hide market was quiet at mid-week with customers in China holding off on purchases. There was interest from...

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Fats, Oils, & Fuels Webinar 4/6/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/6/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

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Collapse in Soy Spreads Weighs on Nearby Soybean Oil Prices

Collapse in Soy Spreads Weighs on Nearby Soybean Oil Prices

Collapse in Soy Spreads Weighs on Nearby Soybean Oil Prices

Vegetable oil prices were mixed on...

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Comprehensive Cannabis Policy Needed for both Hemp and MJ

Comprehensive Cannabis Policy Needed for both Hemp and MJ

***The Hemp Bulletin will not be published tomorrow in observance of Good Friday. Our normal schedule will resume Monday***

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Anti-Dumping Of Organic Soybean Meal Complain Takes Center Stage

Anti-Dumping Of Organic Soybean Meal Complain Takes Center Stage

 

On 3/31/21, a petition was filed on behalf of the Organic Soybean Processors of America and eight U.S. domestic...

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Auto Production Slump Due to Microchip Shortage

Auto Production Slump Due to Microchip Shortage

Please Note

Summer Weight Change Goes into Effect Tomorrow

Every year on April 1 the Price Guide is modified to reflect...

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Fats, Oils, & Fuels Webinar 3/31/21: Customer Q&A

Fats, Oils, & Fuels Webinar 3/31/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

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DDGS Average Price Falls in March

DDGS Average Price Falls in March

 

Iowa DDGS Values to Trend Lower

Commodity prices...

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