Vegetable Oils Bulletin

Vegetable Oils Bulletin

CRUDE OIL RALLY LIFTS WORLD VEGETABLE OIL PRICES

Soybean futures settled about 1/4 percent higher on Wednesday as technically driven trading continued to guide prices ahead of the Thanksgiving holiday break. Prices were also supported by gains in soybean oil, which settled almost 1 3/4 percent higher on gains in crude oil and palm oil futures. The gains in the outside markets triggered oil/meal spreading, which pushed soybean meal futures a…

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