Soybean oil decouples from complex under RFS pressure

Futures activity Jan-23 soybean meal futures closed at $424.10 per short ton on Friday, up $12.40 for the week. Jan-23 soybean oil futures fell precipitously last week, starting at $0.7312 per pound Monday and closing Friday at $0.6522 per pound, down 11 percent. S&D [...]

WASDE, EPA biofuel news drive soybean market

Futures activity Last week’s trading activity was a mixed bag for the soy complex. Jan-22 soybean futures ended the week at $12.6775 per bushel, nearly identical with the week ending Dec. 3. Soybean meal closed at $366.80 per short ton, up $14.20 per ST [...]

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