Loading…
Biodiesel production has grown significantly, according to the National Biodiesel Board CEO speaking at a recent conference. The piece is a promotional checkoff note with a forward-looking view of soybean oil demand.
Expanding biodiesel output is a structural source of soybean oil demand, which supports the oil's share of crush value. The article gives no new quantified change, so the price effect is limited.
brownfieldagnews.comFeb 11, 2020Not 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.
