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Chicago soybean futures eased on Monday as a stronger dollar and expectations of a large South American harvest weighed on prices. China's removal of export tax rebates on used cooking oil provided some support.
A firmer dollar and large Brazilian supply expectations pressure US soybean and meal export competitiveness, while the UCO rebate change could curb US biofuel feedstock imports and support soyoil.
brecorder.comReutersNov 19, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
