Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Soybean Oil Is the New Star in Commodity Markets
In this episode of The Commodities Economy, Lucas and Luna explore why soybean oil is suddenly outperforming other commodities in July 2026. With crude oil up but choppy, gold sliding, and wheat pulling back, soybean oil futures have surged over 10% in the past month. The hosts break down the three catalysts: a surprise EPA renewable diesel mandate update, drought in Argentina cutting soybean crush margins, and spillover demand from palm oil supply constraints in Southeast Asia. They also discuss how this rally is reshaping crush spreads and what it signals for food inflation. If you want to…
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