
Malaysian palm oil futures slid to a five-month low on Friday, down 0.5% at RM2,646 a tonne, and fell 14.5% over the quarter. The drop followed weaker Chicago soyoil ahead of a USDA report expected to show larger soybean supplies, even though March palm exports rose about 7% month on month.
Expectations of a bigger US soybean supply in the USDA report weigh on soy and palm oil prices, which lowers the cost of vegetable oil and meal inputs for feed.
Not 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.