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Ranchers.net

We all know what
has happened to the crude oil market. Over the last 2 months we have
observed a 40% increase in the cost of soybean oil. Why you ask? Demand
for soybean oil for "biodeisel" is the reason we have $12 per bushel
soybeans. There is speculation floating around now that soybean oil and
other vegetable oils will continue to rise to a point that they will no
longer be affordable by the feed industry. Demand for Veg oil is soaring.
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