Profit-Taking in Palm Oil Drives Drop in Soybean Oil Futures

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Profit-Taking in Palm Oil Drives Drop in Soybean Oil Futures

Tore Alden | 07.27.2020

Vegetable oil prices moved lower on Monday as profit-taking in palm oil set a negative tone for the day. Soybean oil futures managed to erase some of the overnight declines on a rally in crude oil prices during U.S. trading hours but still settled lower. The relative outperformance of soybean oil futures helped drive the spread between soybean oil and palm oil prices back above parity. However, the spread remains more narrow...

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Corn Price Slides as Beans & Wheat Cautiously Move Higher

Corn Price Slides as Beans & Wheat Cautiously Move Higher

Soybean futures closed higher on a weekly price basis for the second time in three weeks and have seen...

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Shanghai Leather Fair for 2020 Has Been Postponed

Shanghai Leather Fair for 2020 Has Been Postponed

According to data from the Argentine Directorate of Economic Studies of the National Undersecretary for Livestock, beef production...

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Biofuel Forecast 7/21/20: Customer Q&A

Biofuel Forecast 7/21/20: Customer Q&A

Video shorts from the Biofuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar...

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Vegetable Oil Prices Mixed Despite Crude Rally

Vegetable Oil Prices Mixed Despite Crude Rally

Vegetable oil prices were mixed as a rally in crude oil prices supported soybean oil values, while profit-taking in...

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Hemp Flower Markets

Hemp Flower Markets

Hemp flower markets are following The Jacobsen’s forecasted trend, gaining consistently over the period since our June forecast...

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Outstanding Cured Hide and Wet Blue Export by Countries

Outstanding Cured Hide and Wet Blue Export by Countries

The total outstanding cured hide and wet blue export sales by selected countries through July 18. Through Week 29,...

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Organic Soybean Meal Seasonality Points to Lower Prices

Organic Soybean Meal Seasonality Points to Lower Prices

 

Organic soybean meal prices are continuing to bifurcate, with domestic meal remaining close to $800 per short-ton while imported...

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Corn and Wheat Export Sales Power Higher

Corn and Wheat Export Sales Power Higher

 

Weekly Export Sales 

Soybean export sales for the 2019/20 marketing year of 313 thousand metric tons (TMT), were...

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Sausage casings bulletin, October 3, 2025

Sausage casings bulletin, October 3, 2025

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