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Nebraska's Renewable Fuels Month highlights that soybean oil makes up over half of biodiesel feedstock. The United Soybean Board says biodiesel added 63 cents per bushel to soybean value from 2006 to 2015.
The article restates the long-running link between biodiesel demand and soybean oil value, with soybean meal supply rising as a byproduct. It is background commentary without a new market driver.
morningagclips.comAubreyMay 18, 2017Not 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.
