FDA’s trans fat ban could boost demand for non-soybean oils

The U.S. Food and Drug Administration (FDA) announcement Nov. 7 that it plans to phase out the use of trans fat in processed foods could cause demand for soyoil to drop in coming years, opening the door for other edible oil markets. “The announcement was really a surprise,” Dave Lehman, managing director of commodity research






Funds sell 5,000 CBOT corn contracts

Nov 13 (Reuters) - Commodity funds sold a net 5,000 Chicago Board of Trade corn contracts on Wednesday, trade sources said. They were even in wheat and bought 2,000 soybean. Corn Soybeans Wheat Soymeal Soyoil Nov 13 - 5,000 + 2,000 even -3,000 +2,000 Nov 12 - 6,000 + 6,000 even +5,000 +2,000 Nov 11



Funds sell 6,000 CBOT corn contracts

Nov 12 (Reuters) - Commodity funds sold a net 6,000 Chicago Board of Trade corn contracts on Tuesday, trade sources said. They were even in wheat and bought 6,000 soybean. Corn Soybeans Wheat Soymeal Soyoil Nov 12 - 6,000 + 6,000 even +5,000 +2,000 Nov 11 +12,000 + 4,000 - 4,000 -2,000 +3,000 Nov 8