Tuesday, May 13, 2025

Corn rebounds; soybean oil hits 10-year high

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SINGAPORE- Chicago corn futures gained more than 1 percent on Thursday, recouping some of the previous session’s losses, with concerns over dry US weather and strong demand underpinning prices.

World edible oil prices jumped on supply concerns with soybean oil hitting its highest in a decade, while soybeans climbed for a third consecutive session. – Reuters

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