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Dalian GMO soybean futures gained 2.6% on Friday to close at $21.77 per bushel and rose 2.8% over the week. Canadian and Australian canola C&F China prices traded sideways, and soybean oil hit a contract high.
Firm Chinese soybean futures and a record-high soyoil contract point to strong vegetable oil and soybean demand, supporting meal and oil prices.
dtnpf.comCliff JamiesonFeb 18, 2022Not 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.
