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Latest outlook on soybean oil
While much of the focus in the USDA WASDE reports centers on row crops such as corn and soybeans, the reports also help provide a snapshot of the situation for various products such as soybean oil. The most recent WASDE report for January helps to detail the current conditions for soybean oil production, supply, and use. That is USDA World Agricultural Outlook Board Chair Mark Jekanowski who says biofuels production played a major role in the changes to this month’s soybean oil numbers....













