SUPPORTIVE PALM OIL DATA SUPPORTS WORLD VEGETABLE OIL PRICES

Soybean futures settled a little less than 1/2 percent lower on Monday after trading in a narrow range. Technical resistance at the 10-day moving average limited the decline that was driven by concerns about the historically large 2018/19 carryout projected by the USDA in its November World Agricultural Supply and Demand Estimates (WASDE) report…