# A Case For A Developing Bullish Edible Oil Market » Trilateral

> Trilateral reports that the June NOPA crush fell to a 21-month low and soymeal exports dropped 39% year on year. Soybean oil stocks are at a six-month low and the domestic usage ratio is at a seven-year low.

- Date: 2019-07-20 · published 2019-07-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58193-a-case-for-a-developing-bullish-edible-oil-market-trilateral
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Falling crush and tight soyoil stocks support a bullish case for soybean oil and palm oil prices as demand outpaces production.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- trilatinc.com: https://www.trilatinc.com/a-case-for-a-developing-bullish-edible-oil-market/

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