Latest USDA oil market report shows little change

12/30/2013 | Farm & Ranch Guide

The U.S. Department of Agriculture made only slight adjustments to its projections for the U.S. vegetable oil market in its latest report, and traders suggest any substantial corrections would come in the January report. "Palm oil has struggled recently and this is dragging down all oil values," noted John Sandbakken of the National Sunflower Association. "Export sales of palm oil have been slow in recent weeks," he said.

View Full Article in:

Farm & Ranch Guide

Published in Brief: