Weekly Hemp Recap
Last Week's Hemp Commentary
EU Ruling on CBD is Market Driven
Week before last, the Court of Justice of the...
Sharp Drop in Soybean Futures Drives Soybean Oil Lower
Soybean oil prices fell sharply on Monday as a sharp decline in soybean futures, and fund spreading drove steady selling throughout the U.S. session. Weakness in palm oil prices during the overnight session also contributed to the bearish tone. Bearish cargo surveyor data caused the decline in palm oil futures despite a rally in vegetable oil prices on the Dalian exchange.
Nearby soybean oil futures declined by about 2 1/2 percent (January contract -94 basis...Read More