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Soybean Oil Basis Holds Steady

Alexandra Watts | 07.19.2023

*Please Note – Amanda is out of the office Monday July 17 through Friday July 21. Please contact Bob Lane with at [email protected] during Amanda’s absence.

Traders surveyed today reported a relatively quiet market with several traders showing wide ranging bid/offer spreads, with little trading done. One source noted that most pricing out there is posturing, with offers above market and suggested values are holding firm, awaiting further direction from the market.

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Runner market commentary
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