Bean Oil Consolidates as Oil Shares Stabilizes

Bean oil prices tumbled on Friday, as traders continue to experience whipsaw price action based on the on-again off-again summit between the U.S. and North Korea scheduled for June 12. Soybeans seem to be benefitting from a trade summit as expectations with China seem to be more stable. China is expected to begin to purchase soybeans again, after adding a tariff that increased the price of U.S. soybeans by…