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The United Soybean Board's vice-president of oil strategy expects a significant global palm oil deficit by 2025, peaking around 2030, as plantation yields decline and Indonesian and Malaysian biodiesel mandates grow. He sees rising demand for high oleic soybean and canola oils as a result.
Expected palm oil tightness would support prices for competing vegetable oils and could lift demand for high oleic oils over the medium term, though the timeline is long.
farmtario.comSean PrattJun 4, 2020Not 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.
