Group 1 - The core viewpoint of the news is that CBOT soybean oil futures are experiencing narrow fluctuations, with a slight increase in price observed on November 3rd [1] - On November 3rd, the opening price of soybean oil futures was reported at 48.78 cents per pound, currently at 48.80 cents per pound, reflecting a 0.37% increase [1] - The intraday trading range for soybean oil futures on November 3rd was between a high of 48.91 cents per pound and a low of 48.67 cents per pound [1] Group 2 - On October 31st, the opening price for CBOT soybean oil futures was 49.71 cents per pound, with a closing price of 48.70 cents per pound, marking a decrease of 1.81% [2] - The trading volume for national first-grade soybean oil on October 31st was 11,500 tons, which is a 32.18% increase compared to the previous trading day [2] - According to the EIA, the amount of soybean oil used for biodiesel production in the U.S. in August was 1.041 billion pounds, showing a month-over-month decrease of 6.09% and a year-over-year decrease of 14.48% [2]