Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

TRADE TENSIONS AND THE BEGINNING OF WHAT COULD BE A RECORD HARVEST PRESSURE SOYBEAN COMPLEX PRICES

Nearby soybean futures touched the lowest level since December 2008 on Tuesday as the announcement of fresh tariffs on Chinese goods by the US administration and retaliatory tariffs on US goods by the Chinese government combined with harvest pressure to push soybean complex prices lower. The nearby contract settled at $8.14,…

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