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Used cooking oil still negatively affecting soybean oil prices
The Trump administration continues to delay the release of the final rules for the 45z tax credit, which is allowing used cooking oil to remain as a thorn in the side of the soybean oil industry. Kenan Layden, hedging strategist with AgMarket.Net, said the delay is hurting soybean oil prices. Layden said this competition could stick around for a while. The pressure on soybean oil prices is also extending to other grain markets. For more marketing information, visit...













