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APK-Inform reports LMC International's David Jackson saying vegetable oil prices are rising much faster than crude, supported by lower Malaysian and Indonesian palm output and a 30% Canadian canola crop decline. He expects biodiesel expansion to keep oil demand and prices high, though short-term declines are possible from large soybean and sunflower crops.
Tighter palm and canola supplies combined with steady biodiesel demand point to firm vegetable oil prices, which raises the cost of oil-based feed ingredients and canola meal availability.
apk-inform.comNov 19, 2021Not 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.
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.
