U.S. Soybean Oil Sales Reached Marketing-Year High Last Week

U.S. Soybean Oil Sales Reached Marketing-Year High Last Week

Physical markets were sluggish on Thursday, as market fundamentals remain overwhelmingly bearish. Supply is abundant, and feedstock demand has been dull. Bid indications on Midwest refined corn oil were heard in the low 60s cents FOB and perhaps lower on Wednesday, but no actual trading was confirmed at these levels. 

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