Soybean Oil Futures Jumps One Cent Following USDA Report
World vegetable oil prices surged higher on Wednesday on bullish fundamental palm oil data and funds spreading...
Organic soybean prices are rising. Prices in the mid-West were reported up to $35 per bushel. The average trade reported in Iowa was $32 per bushel. Despite the acceleration in the price of organic soybeans, the crush rate still makes these prices attractive if organic soybean meal is trading for $1,500 per short ton and organic soybean oil is selling for $0.70-$0.75 per pound.
Read More10.28.2024
US crude, kosher crude glycerin prices to increase amid uncertainty on biodiesel tax credit: sources
Crude glycerin supply is highly correlated with biodiesel production; it is a co-product of the biodiesel production process, and it remains uncertain how many US biodiesel producers will be...