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Ukrainian soybean prices rose by $10-15/t on higher export demand, and sunflower purchase prices increased as harvest began. Rapeseed in the EU fell after the European Commission cut import duties on Argentine biodiesel.
Traders expect vegetable oil prices to fall.
Firm export demand supports soybean prices, but expected weaker oil prices limit processor margins. Biodiesel duty changes add pressure on rapeseed and vegetable oil.
graintrade.com.uaSep 12, 2017Not 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.
