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Cash market indications for corn oil and cottonseed oil were flat this week, with most February and March trading done and little second-quarter buying. Midwest crude corn oil is down about 10% year on year and Mississippi Valley cottonseed oil is down 38%.
Limited biofuel and non-biofuel demand keeps vegetable oil prices depressed, which weighs on the value of oilseed co-products used in feed.
thejacobsen.comAlexandra WattsFeb 7, 2024Not 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.
