Glossary of Bulk Oil Terms


Posted by Alexa Ketterling

Aug 8, 2018 2:09:53 PM

An acronym for Chicago Board of Trade. Now run by the CME Group, this online market-tracking tool shows the board (or current market) for different commodities, including Soybean Oil. This market indicator is used as a component in the final pricing of commodity soybean and canola oil.