Price of soybean oil picks up after sharp decline

our team of market reporters DCA Market Intelligence · Published Dec 16, 2024
Crops & Ingredients market insight from DCA Market Intelligence
The price of soybean oil is picking up again after a sharp decline. The export prices of soybean oil dropped significantly in the last two weeks of November, according to the US Department of Agriculture, partly due to the relatively high Argentine processing and export.

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DCA Market Intelligence is an independent Price Reporting Agency for food and agricultural commodity markets. Through benchmark prices, market data and insights, DCA supports producers, traders, retailers and financial institutions worldwide.