Black Sea Organic Soybean Export Volume Grows
Organic soybean and soybean meal imports continue to flood into the US. ...
Global vegetable oil prices ended mixed on Tuesday. Palm oil futures gave back initial gains, closing lower overnight. Profit-taking amid forecasts for rain the Midwest initially tugged soybean oil futures markets lower before oil/meal spreading by funds later lifted prices. On the CME, nearby July soybean oil futures settled at 60.55 cents per pound, up 104 basis points per pound or 1.75 percent. The August contract was up 90 basis points per pound, or 1.55 percent, at the close to 58.90 cents per pound.
The...