Except for the dip early this past summer, global vegetable oil prices have been on a year-long steady trajectory higher. This is especially true for sunflower oil, and thus the announced Russian export restrictions.
The rise in value of industrial materials gets the headlines as big bets on the future of the global economy, however, investors looking for yield would have fared better this year if they had just bought good old vegetable oil.
The strike in Argentina is only a small and recent contributor to the supply/demand imbalance. Even before the strike, U.S. soyoil prices were lower. Like all bubbles, this one will eventually pop but for right now it is an impressive ride. ...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
