Soybean oil prices crash to finish the week

After reaching new highs at 57.47 cents per pound last Wednesday, trading the daily limit up, soybean oil crashed and ended the week on back-to-back limit-down days. The nearby May-21 contract closed at 52.48 cents per pound, the lowest since Mar. 4. Concerns over [...]

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. [...]