Oilseeds pressure the grain complex. April 12, 2021
Pressure from the vegetable oil side was noted today. This comes on top of USDA's disappointing report on Friday. Soybeans ended minimally changed from last week. Though old crop soybeans remain in a general sideways trade, this was the lowest close since March 30. For the strong new crop, current prices are only 34 3/4 off the recent contract highs.
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