US soybean oil futures rise 3% amid crude oil strength

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US soybean oil futures rise 3% amid crude oil strength

Soybean oil futures on the Chicago Mercantile Exchange rose on Monday September 30, boosted by strength in crude oil markets.

October soybean oil futures closed at $0.4351 per lb, up by $0.0133 per lb, or 3.15%, from a settlement of $0.4218 per lb on Friday September 27.

December soybean futures ended at $0.4331 per lb on Monday, up by $0.0095 per lb, or 2.24%, from $0.4236 per lb on Friday.

At midday on Monday, the USDA’s latest Quarterly Stocks Report showed...

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BOHO hysteria stalls as soybean oil prices stumble

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The soybean oil/heating oil spread (BOHO) spread settled at 97 cents per gallon on Friday September 27, up by...

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Sausage casings bulletin, September 27, 2024

Sausage casings bulletin, September 27, 2024

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US soybean, soymeal futures surge following hurricane damage

US soybean, soymeal futures surge following hurricane damage

Most grain prices on the Chicago Mercantile Exchange rose on Friday September 27. The November soybean futures contract jumped...

Hide demand increases, but weaker competitor positions weigh on price improvement

Hide demand increases, but weaker competitor positions weigh on price improvement

Several market participants reported an increase in bidding on Friday September 27 and a strong week of closed trades....

Demand worries keep pressure on US soybean oil markets

Demand worries keep pressure on US soybean oil markets

Trading in the US cash market for vegetable oil remained dull in the week to Friday September 27. Activity...

US port strike could impact biodiesel more than other liquid fuels

US port strike could impact biodiesel more than other liquid fuels

US ports on the East and Gulf coasts are bracing for a potential strike that could close passage for...

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Sausage casings bulletin, April 11, 2025

Sausage casings bulletin, April 11, 2025

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