Indonesia palm oil export ban Archives

Crude oil, Indonesian trade policy gyrations drive soybean oil prices

Crude oil, Indonesian trade policy gyrations drive soybean oil prices

Futures activity Jul-22 soybean meal recovered nearly all losses from recent weeks to close at $429.90 per ST. The matching soybean oil contract closed below its week high to settle on May 23 at $0.8093 per pound. S&D and fundamental factors U.S. soybeans were [...]

By Nicole Thomas|May 23, 2022|Categories: Corn & Soy Complex, Edible Oils|Tags: crop progress, Indonesia palm oil export ban, soybean meal futures, soybean oil futures|0 Comments

Wild week of strength for soy, support for palm oil

Wild week of strength for soy, support for palm oil

Futures activity Nearing expiration, May-22 soybean futures closed Friday at $16.55 per bushel, down about $0.53 per bushel from the start of the week. Nov-22 soybeans ended the week down $0.44 at $14.7075 per bushel. S&D and fundamental factors U.S. soybean plantings were 8 [...]

By Nicole Thomas|May 9, 2022|Categories: Corn & Soy Complex, Edible Oils|Tags: export duties, Indonesia palm oil export ban, May-22 soybean futures, palm oil prices, Russia sunflower oil, U.S. soybean plantings|0 Comments

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