Vegoils commentary

Vegoils commentary: Soyoil futures down on lower crude oil; Asian markets closed

29 Jan 2025

Vegoils traded on Wednesday January 29 in the absence of Asian markets, which were closed due to the Lunar New Year holidays. In the Americas, soyoil fell on the Chicago Mercantile Exchange due to weaker crude oil, while soymeal climbed amid prevailing crop concerns in South America.

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