Bean Oil Pressure Continues on Friday

Soybeans are experiencing a drop in bean oil prices again, with losses ranging from 9 to 11 cents during the midday trading. The cmdtyView Cash Bean price has decreased by 9 1/4 cents to $9.96. Meanwhile, soymeal futures have risen by $0.60 per ton today, while Soy Oil futures are down by 165 points. The decline in bean oil prices is having an impact on… Read more.