Rally in Soybean Futures Lifts Soybean Oil Prices

Blog

Rally in Soybean Futures Lifts Soybean Oil Prices

Tore Alden | 10.14.2020

Rally in Soybean Futures Lifts Soybean Oil Prices

World vegetable oil prices were mixed on Wednesday as bearish biodiesel consumption data weighed on palm oil prices while gains in soybean futures buoyed soybean oil futures. A sharp rally in crude oil prices during U.S. trading hours also helped support soybean oil gains. The West Texas Intermediate (WTI) benchmark November contract jumped from just below the psychologically critical $40 per barrel level shortly before U.S. trading started to a high above $41...

Read More
Organic Soybean Prices Remain Elevated

Organic Soybean Prices Remain Elevated

 

Organic soybean prices remain elevated, and while it's unclear if prices will move higher, it's hard to see prices...

READ MORE

Fats, Oils, & Fuels Webinar 10/13/20: Customer Q&A

Fats, Oils, & Fuels Webinar 10/13/20: Customer Q&A

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

READ MORE

Soybean Oil Prices Fall on Profit-Taking in Soybean Futures

Soybean Oil Prices Fall on Profit-Taking in Soybean Futures

Weakness in crude oil prices triggered short oil share spreading by funds, which weighed on soybean oil prices.

READ MORE

Indian Organic Soybean Prices are Rising

Indian Organic Soybean Prices are Rising

Organic soybean prices are rising sharply according to merchandisers as rain has continued to hamper the future projections of...

READ MORE

Packer Colorado Branded Steers Move Upwards

Packer Colorado Branded Steers Move Upwards

The week began with carryover business from late Friday and over the weekend. There are reports of steady demand...

READ MORE

Grain & Feed

Grain & Feed

Soybean futures advanced four percent last week, adding to the prior week's two percent gain. Harvest activity accelerated, which...

READ MORE

Accelerating Feedstock Cost Send BOHO & RINs Higher

Accelerating Feedstock Cost Send BOHO & RINs Higher

Soybean oil prices closed the day more than a penny per pound higher, gaining 7.4 percent in value for...

READ MORE

Sustainable Cropping Practices

Sustainable Cropping Practices

Sustainable cropping practices have been overlooked in the frenetic hemp sector, partly due to the vast numbers of...

READ MORE

Articles by Topic

Blog

03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is...

READ MORE

03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

READ MORE

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

READ MORE

Latest Tweets

Twitter feed is not available at the moment.