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Trade participants expects higher US Soy oil stocks for December ahead of NOPA’s estimates
Published on: Jan 31 2023, 05:23
Trade participants are anticipating higher US Soy oil stocksfor December at 2.249 billion lbs, which is up by 5.21% compared to 2.108 billion lbs in November. December’22 crushing is also lower compared to 2.466 billion lbs on Y-o-Y basis. Crush estimates according to trade participants ranged from 2.220billion lbs to 2.300 million bushels, with a median of 2.236 billion lbs.
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