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Vegetable Oils Bulletin

Tore Alden | 12.19.2018 | Jacobsen

SOYBEAN FUTURES FALL DESPITE ANOTHER SALE TO CHINA

Soybean futures declined more than 3/4 percent on Wednesday pressured by the lower-than-expected announcement of export sales to China. However, losses were limited by technically-driven buying in the nearby contract at the psychologically-important $9 per bushel level. Wednesday morning, USDA announced, via its daily reporting service, the sale of 1.2 million…

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