South American FOB soybean oil values remain resilient as basis absorbs CBOT futures volatility

South American soybean oil FOB prices remained stable throughout June despite one of the sharpest corrections in Chicago Board of Trade soybean oil futures in recent years, as FOB basis levels in Argentina and Brazil adjusted aggressively to absorb the volatility in the futures market. While CBOT soybean oil futures experienced a sharp correction during ...

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