Soybean prices are under pressure from lower oil and soybean oil prices
CBOT soybean futures fell over April 5-11.
During the week, the price decreased by USc 5.4 to 1159.2 USc/bu.
Soybean prices are under pressure from lower oil and soybean oil prices, as well as the USDA’s April report, in which the agency raised its forecast for US soybean stocks by 800 K mt to 9.6 M mt.
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Tags: soybean oil, prices, soybean
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