The November WASDE report made minor changes to the 2022-23 soybean balance, with minor increases in the US crop being slightly offset by higher domestic consumption estimates in the previous month. Increasing demand for soybean oil by the US biodiesel sector, the recent rise in crude oil prices and optimism about slowing US inflation have helped soybean oil maintain its price cap in the vegetable oil complex. Consequently, Mintec benchmark prices (MBP) are…



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