
Profit-Taking in Palm Oil Drives Drop in Soybean Oil Futures
Vegetable oil prices moved lower on Monday as profit-taking in palm oil set a negative tone for...
European organic prices of feed grains experiencing new activity. While organic soybean meal prices are on the rise there is little action ahead of new-crop for organic corn and organic wheat. Merchandisers are telling The Jacobsen that organic soybean meal is now $850 per metric ton delivered into the Scandinavia area as well as Rotterdam. Prices are near $610/200 FOB India per metric ton. This compares to $650 delivered in Baltimore before custom clearing and transloading. Organic corn prices remain subdued near 250-euros per...
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