by Jason Thomas, President of Healthy Brand Oil
***NOT A TRADE RECOMMENDATION***
The NOPA Crush report for January showed soybean oil stocks above trade expectations. International suppliers have shown an unwillingness to sell oil at recent lows. Offers are firming, minimizing the impact of imports. Energy sector demand has been soft but suppliers remain bullish on 2024 demand.
Healthy Brand Oil’s Jason Thomas has some interesting insight on these topics and more on his HBO Profit-Lock Update: February 2024.
Click Here for the Full HBO February 2024 Market Report