RBD Canola Oil and RBD Soybean Oil are all based of off a set parameter — the Chicago Board of Trade, also called the Board, the CBOT or the CME Group depending on who you’re talking with. This is the baseline for pricing, so that producers and suppliers can offer standardized pricing.
But what if you’re not buying the industry standard refined, GMO canola or soybean oil? What if you need organic canola oil or organic soybean oil? Does the pricing for those oils work in the same way? We’ll fill you in.Continue Reading