International Edible Oil Market Report 17th July 2017

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Soybean futures closed Friday trade with most contracts 13 1/2 to 14 1/2 cents higher, as July expired at $9.85 1/4. New front month Aug was down 7.14% over the week. July 17 soy meal expired $5.50 higher at $322.30, as soy oil was up 5 points to finish at 33.06. As anticipated, the USDA reported private export sales of 1.3 MMT to China for the 17/18 marketing year on Friday through their daily system.

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