# Vegetable Oils in View: Canola, Soybean Oil and Palm Oil

> Canola futures closed higher after recovering from a mid-January low, and spot canola prices have turned upward. Soybean oil reached its highest close in over three months, and palm oil also began to firm after near three-year lows.

- Date: 2019-01-28 · published 2019-01-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6967-vegetable-oils-in-view-canola-soybean-oil-and-palm-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Synchronized recoveries in canola, soyoil and palm oil firm the vegetable oil complex and tighten the cost of oil-based feed inputs.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/01/28/vegetable-oils-view-canola-soybean

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