US Soybean oil rebounded from last week's low made after Brexit. As per USDA, Global Soybean inventories are expected to be tight. Global ending stocks expected to down most in 3 years and supplies may be tighten than expected for the US as problems with crops in Brazil and Argentina have raised US exports by 5 mt in 2016-17.
Soybean| US Soybean oil rebounded from last week's low made after Brexit
June 29, 2016 10:20 AM | Skymet Weather Team