October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million...
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US soybean oil price finds unexpected support from export demand
The great soybean oil price collapse expected by many has failed to materialize. Increased soybean oil supply due to the recent harvest, combined with declining demand from the biofuel industry due to uncertain economics and a lack of guidance surrounding the 45z credit, was expected to have a negative impact on the soybean oil price.
The soybean crush registered an all-time monthly high in October, which increased soybean oil supply, while US biodiesel and renewable diesel (RD) productio...
