In its latest weekly report, the USDA said that for the week ended Jan. 30, export sales of soybeans totaled 387,700 metric tons for the 2024/25 marketing year. That's on the low end of forecasts from ...
With just weeks to go before Ramadan, the supply of bottled soybean oil has significantly dropped in both wholesale and retail markets in the capital, leading to a growing shortage.
The soybean market is fading off the overnight weakness at midday, with contracts up 1 to 4 cents so far on Friday. CmdtyView’s national front month Cash Bean price is up 3 cents at $9.83 1/4.
The soybean market is trading with contracts up 12 to 14 1/2 cents so far on Wednesday’s session. CmdtyView’s national front month Cash Bean price is up 12 1/4 cents at $9.95 1/4.
Amid a supply shortage of bottled soybean oil, Commerce Adviser Sk Bashir Uddin said that he has been consuming non-brand and non-bottled soybean oil for the last three weeks.