Soybean oil prices crash under energy market tidal wave

Soybean values dropped additionally last week but nothing to match the price depreciation seen in soybean oil futures. The precipitous fall of nearby crude oil futures spilled into the rest of the edible oils complex, pushing soybean oil prices closer to $0.25 per pound. [...]

November soybean oil stocks rose despite production dip

NOPA members’ average soybean oil yield fell to 11.53 pounds per bushel in November, the lowest yield since 2017/18. Soybean oil production, at 1.90 billion pounds, was down 6 percent from October and down 2 percent from November 2018. Despite the decline in soybean [...]