# Soybean Oil Seasonal Values

> Soybean oil futures recently hit new calendar-year highs, and soybean oil's share of crush value has risen. The article notes the world vegetable oil stocks-to-use ratio is among the tightest in years, driven by Chinese import demand and a palm oil price surge tied to dryness in Malaysia and Indonesia.

- Date: 2019-11-20 · published 2019-11-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56156-soybean-oil-seasonal-values
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight global vegetable oil stocks and rising oil share of crush value support soybean oil prices and favor crushers who capture oil value, while meal values lag relatively.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2019/11/20/soybean-oil-seasonal-values

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.