International Edible Oil Market Report 22nd October 2019

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The U.S. corn harvest advanced eight points in the latest weekly report, to 30 per cent complete. That was behind trade guesses of 34 per cent done, and well off the 47 per cent five-year average for this time of year. While the nearby forecasts are dry, expectations for more rain across the Midwest later in the month should keep the pace running behind normal, especially as crop development remains delayed.

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