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The article marks the 50th anniversary of the USDA WASDE report and highlights the rise of US soybean acreage over five decades. It also notes that the US renewable diesel industry is creating new demand for feedstock.
Growing feedstock demand from the renewable diesel sector is a new driver for soybean oil, supporting prices as energy markets turn bullish.
czapp.comWalter CroninSep 18, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
