Weekly Hemp Recap
Hemp and derivatives markets are highly fractured, and one of the underlying factors that keeps these markets siloed is...
Overnight gains in palm oil futures and concerns about South American growing conditions drove buying in the soybean oil market on Monday. The rally narrowed the spread between soybean oil and palm oil futures slightly, but the palm oil premium remains close to the record high. The moves left both markets at life-of-contract highs as world vegetable oil fundamentals remain bullish, supporting cash prices and Chinese vegetable oil futures. The Jacobsen expects pri...
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