Bean Oil prices Consolidate Ahead of Economic Data Deluge

Bean oil prices edged lower on Monday, as the market prepares for deluge of data this week including jobs data from the U.S.  Hedge fund traders increased short postitions in futures and options on bean oil somewhat reducing the long differential between longs and shorts held by hedgefund.  The dollar continued to gain traction versus the Euro this past week, which also generates headwinds for…