Soy Oil Futures - The Blue line is a Donchian channel, red line is a 5 day exponential average, green line is a 20 day exponential average. Vertical green bars MACD (Moving average convergence divergence) 5 and 20.
Soybean Oil Notes & Links:
2/9/10 U.S. soyoil production is expected to increase, thanks to a recent decision by the Environmental Protection Agency that soyoil-based biodiesel will qualify for government production mandates, the U.S. Department of Agriculture said.
7/6/08 India may increase edible oil imports by more than 80 % in the four months to October.
2/5/08 Indonesia's government will impose a 15% export tax if palm oil exceeds $1,100 a metric ton.
10/6/05 The U.S. Census Bureau said that soybean oil stocks totaled 1.73 billion pounds at the end of August, down from 1.99 billion pounds last month.
04/27/04 Soybean oil stocks were down 35% from a year ago