
Soybean Oil Falls on Weakness in Soybean Futures
Vegetable oil prices were mixed on Wednesday, with soybean oil prices falling on weakness in soybean futures due to...
Weekly soybean export sales for the 2020/21 marketing year of 908 thousand metric tons (TMT), a marketing year low, were 871 TMT above last week's total and 93 percent over the four-week average of 471 TMT. There were 326 TMT in sales recorded for the 2021/22 crop season, lifting total sales to 1,234 TMT. Combined crop year sales were significantly over last week's total and exceeded analyst estimates that ranged from 300 to 1,200 TMT. 20...
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