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Health Canada is seeking comment until June 21, 2017 on a proposed ban on partially hydrogenated oils in foods, with the ban taking effect one year after finalization. The US FDA has set a June 18, 2018 deadline for food companies to remove PHOs.
Removing trans fats pushes food makers toward high-oleic oils, which supports demand for high-oleic sunflower and other specialty oils and may shift some demand away from conventional oils.
sunflowernsa.comApr 17, 2017After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
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.
