Soybean Oil Erases Overnight Lows Following EPA Announcement
Soybean oil futures traded in a 1.91-cent range on Thursday as overnight pressure from a sharp decline in palm...
Fund Selling in Ag Markets Drives Soybean Oil Sharply Lower
Soybean oil futures were battered on Friday, as speculative liquidation of soybean futures hit a fever pitch. An improvement in crop conditions, as reported by the Rosario Grain Exchange, triggered the largest single-day decline in soybean futures since 2015. However, oil/meal spreading limited the decline in soybean oil futures to 2 3/4 percent or less (March contract -116 basis points per pound), with the liquidation of bull spreads supporting the back-end...Read More