Correction to soybean oil, crude/de-gummed, FOB central Illinois

AG-SYB-0046 Soybean oil, basis, crude/de-gummed, fob Central Illinois, US cents/lb was incorrectly published at (1.50)-1.00 cents per lb on Wednesday. It has been corrected to (1.50)-(1.00) cents per lb. 

The below price was also affected, and has now been re-calculated using the correct basis for March 4:

AG-SYB-0045 Soybean oil, crude/de-gummed, fob Central Illinois, US cents/lb
Incorrect price (March 4): 62.09-64.59 cents per lb
Correct price (March 4): 62.09-62.59 cents per lb 

Fastmarkets’ pricing database has been updated to reflect these changes.

These prices are a part of the Fastmarkets Ags Oils, Fats and Biofuels package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and fats_oils@fastmarkets.com. Please add the subject heading “Re: soybean oil, crude/de-gummed, FOB central Illinois.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.