Soybeans were in rally mode on Tuesday, with bean oil continuing to pull the market higher, up 6 ¾ to 9 1/4 cents on the beans. The cmdtyView national average Cash Bean price was up 9 1/4 cents at $11.11 3/4. Soymeal futures were down $2.10 to 20 cents higher on the day, with Soy Oil futures up 184 to 251 points in the front months.
D4 Rin values have reached their highest levels since late 2022, which is supporting the bean oil market via increased renewable demand for the feedstocks.
