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Argentine soybean oil prices rose to multi-year highs, with FOB Up River values about $1,106.50/mt for April shipment. CBOT soyoil futures also climbed to their highest since 2013 as tight global oilseed supplies lifted the complex.
Tight canola, sunflower and soyoil supplies are pushing vegetable oil prices higher, which raises the cost of soy-based feed inputs and supports soymeal pricing through crush margins.
fastmarkets.comRei GeyssensFeb 24, 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.
