The Impact of Palm Oil Imports on the Soybean Market: MIP Markets with Shawn Hackett
Akeaways
Changes in the renewable diesel protocol are needed to sustain the soybean crush margin.
Imports of used palm oil are taking away market share from bean oil, impacting the soybean market.
Building strategic reserves for wheat is important given the tight supply situation.
The hurricane season could have an impact on agricultural markets, particularly for cotton, orange juice, natural gas, and potentially rice.
Chapters
00:00 Introduction and Background
01:23 Sustaining the Soybean Crush Margin
03:14 The Impact of Palm Oil Imports on the Soybean Market
07:13 The Importance of Building Strategic Reserves for Wheat
11:48 The Potential Impact of Hurricanes on Agricultural Markets
18:09 Conclusion
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