Loading…
High oleic soybean commercial launch has been delayed to 2018 at the earliest due to regulatory approvals, with Monsanto awaiting Chinese approval and DuPont Pioneer still in the EU process. High oleic canola retains its position in the domestic oilseed market for another year.
Delayed high oleic soybean supply keeps competition for oilseed premiums limited, leaving canola oil positioned to hold share. The effect on soybean and soybean oil prices is modest in the near term.
producer.comadminMar 9, 2017After 114 past neutral report events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), 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.
