Soybean Oil Futures PricesWed, Dec 11th, 2013
Latest Brugler Soybean Oil Report
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Soybeans futures are trading a few cents higher at midday. The Dec 13 soy meal and soy oil contracts will expire on Friday. The overnight export market has been active, with South Korea tendering to purchase up to 110,000 MT of optional origin soybean meal for May arrival. Taiwan has tendered to purchase 12,000 MT of US soybeans. There have been zero deliveries against the December meal contract, and the shorts are being pressed. The DTN National Soybean Index was down 5 cents from the previous day $12.99.
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