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Soybeans Rallies as RVO Proposal Pushes Bean Oil Up the Limit
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5 Articles
Soybeans Rallies as RVO Proposal Pushes Bean Oil Up the Limit
The soybean market was well supported on Friday, following the EPA's release from this morning. Contracts closed the session with gains of 25 to 28 cents across the nearbys. That helped to push the nearby July contract in the green on the week, with a gain of 12 1/2 cents,...
Soybeans shoot higher on soybean oil, crude oil strength - Brownfield Ag News
Soybeans were sharply higher on commercial and technical buying, pulling contracts to a weekly gain. Beans and bean oil followed crude oil, which was up sharply on escalating tensions in the Middle East. The RVO numbers announced Friday should be a positive for biofuels, helping bean oil close locked limit up. U.S. development weather mostly […] The post Soybeans shoot higher on soybean oil, crude oil strength appeared first on Brownfield Ag New…
In recent weeks, an increase in the rate of sales by producers was observed, before the retentions of oilseed again exceeded 30% from July 1. Read more
Soybeans Rallying on RVO News
Soybeans are trading with Friday midday gains of 24 to 27 cents at midday, following the bean oil market. The cmdtyView Cash Bean price is 25 1/2 cents higher to $10.20 1/4. Soymeal futures are down $1.80/ton, as Soy Oil is leading the charge for the complex with limit 3...
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