WORLD VEGETABLE OIL PRICE RALLY CONTINUES ON TECHNICALLY-DRIVEN BUYING AND EXPECTATIONS OF TIGHTENING STOCKS

Soybean futures posted narrow gains on Thursday with the nearby contract up one cent to $9.16 per bushel. The market sold off early in the day in reaction to an interview with Commerce Secretary Wilbur Ross, in which stated that the United States and China were “miles and miles” from resolving trade issues…