CBOT soybean oil rises 7.2% as EPA reallocation shifts biofuel outlook
Chicago Board of Trade soybean oil futures rose 7.22% over three trading sessions through Sept. 1 as the market reassessed US biofuel demand following the Environmental Protection Agency’s latest small-refinery exemption decisions and its proposed treatment of the additional exempted volumes. The most-liquid CBOT December soybean oil contract settled at 72.63 cents/lb Sept. 1, up ...
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