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Oilseed and vegetable oil prices continued to fall on record global harvests and large stocks, with US soybean prices weakening after USDA projected a rise in 2018 acreage to 91 million acres. In Ukraine, soybean prices firmed on a stronger dollar and port shortages, while sunflower prices held near 10,800-11,000 UAH/t.
Global oilseed weakness and expanded US soybean acreage point to ample supply and bearish pressure on soy complex prices, partly offset by tight Ukrainian port supply.
graintrade.com.uaNov 30, 2017Not 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.
