• palm oils loss may be u.s. soybean gain
  • palm oils loss may be u.s. soybean gain
  • palm oils loss may be u.s. soybean gain
  • palm oils loss may be u.s. soybean gain
  • Does soy oil supply affect palm oil price?
  • The elasticity of soy oil supply to palm oil price is statistically significant, positive and below one (0.142), suggesting that the soy oil supply reacts weakly to changes in palm oil price (Table 4). Table 4.
  • Will a New World Order of soybean oil premiums to Palm emerge?
  • With the above, a new world order of soybean oil premiums to palm emerges and likely remains until RD policy changes. A yawning, permanent price spread will separate the price of US soybean oil and global palm and the driver is US policy on biofuels, primarily from RD.
  • Why are palm oil prices rising?
  • But concerns about limited supplies amid higher demand to satisfy new domestic policies in Indonesia, the world’s top supplier of palm oil, have elevated prices to sharp premiums over other global vegetable oils, including US soybean oil. While palm oil prices have advanced, US soybean oil prices have declined.
  • Are US soybean oil prices falling?
  • While palm oil prices have advanced, US soybean oil prices have declined. According to price data collected by Sosland Publishing Co., cash soybean oil at the start of this month was priced at 38.75¢ a lb, basis Decatur, Ill., about 24% lower compared with 50.75¢ a lb during the same week a year earlier. And the declines have attracted buyers.
  • What is soybean oil demand for biofuel production?
  • The USDA forecasts that soybean oil demand for biofuel production, biodiesel plus RD, will approach a record 46.50% of total US soybean oil production in the coming year. This soybean oil “fuel” demand versus palm’s fuel demand (primarily Indonesian domestic biodiesel production) yields the following informative metrics:
  • Can palm oil increase land use change emissions?
  • However, if the markets of these vegetable oils are linked with that of palm, the high demand for soy and other vegetable oils in US biofuel production could indirectly drive an increase in the production and supply of palm oil and associated land use change emissions (Fig. 1). Fig. 1.