International Edible Oil Market Report 08th November 2017

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Soybean futures closed the day with gains of 1- 2 1/4 cents. December meal was down 60 cents/ton, with nearby bean oil 29 points higher. Reports are showing that China will agree to purchase an undisclosed amount of US soybeans during President Trump’s visit this week. The USDA indicated states along the Corn Belt mostly lagging harvest pace, but catching their respective averages.

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