After USDA Report The Soybean Oil Futures Market Remains Focused On Biofuel Policy

Author: Tore Alden

After USDA Report The Soybean Oil Futures Market Remains Focused On Biofuel Policy

The United States Department of Agriculture’s (USDA’s) latest World Agricultural Supply and Demand Estimates (WASDE) report did not contain any substantial revisions to its U.S. soybean oil balance sheet. The only change from the November report was the adoption of the soybean oil usage in biomass-based diesel data from the Energy Information Administration (EIA), which

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