Soybean oil prices drop after recent moves by U.S. government

In this weekly Commodities Watch column, John T. Barone, president and commodities analyst for Market Vision Inc., offers a snapshot of the state of commodities for restaurants.

Just about all the soybean oil news over the past week has been bearish for prices.

First, the FDA said it would no longer recognize partially hydrogenated vegetable oil as “Generally Recognized as Safe.” Then, the