U.S. soybean oil futures rebounded on Thursday after moving lower early in the session on profit-taking before the USDA released its World Agricultural Supply and Demand Estimates (WASDE) at noon. The October report detailed some larger-than-expected changes for the month, which triggered short covering across the soybean futures complex. On the CME, benchmark December soybean oil futures settled at 53.37 cents per pound, increasing 65 basis points per pound, or 1.23 percent. 

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