Market Update: Palm Oil Production
According the the Malaysian palm oil board (MPOB): June Crude output of 1,763,928 metric tons is down 2.58%...
The June soybean crush totaled 142.473 million bushels, which beat analyst estimates of 141.478 m/b. This up 20% from last year and a record for June production. However, it is also down 4% from last month and has been lower in each of the past 3 months, indicating that the crush is slowing. 5.23% more
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