Soybean oil futures edge lower ahead of USDA Friday Acreage report

Soybean oil futures edge lower ahead of USDA Friday Acreage report

Soybean futures fell further, with the market anticipating increased production from additional soybean acreage. December soybean oil futures also edged lower as a larger crop and favorable weather could increase oil production estimates.

The USDA Grain Stocks and Acreage reports scheduled for release on Friday June 28 is often a market mover.

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