DTN Closing Grain Comments 02/23 13:53
Soybean Oil, Canola Soar to New Highs
May soybean oil closed up 1.15 cents at 48.37, its highest close for a May
contract in seven years. Another oil, canola, finished at its highest spot
price on record as both benefitted from strong world demand, tight supplies and
a recent boost in crude oil prices.
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