CBOT soybean oil rose and fell, and the benchmark period closed down by about 1.10%

On June 30, according to media reports, the Chicago Board of Trade (CBOT) soybean oil futures market closed up and down on Thursday, with the benchmark period closing about 1.10% lower.

The weekly export sales report released by the USDA shows that for the week ending June 22, 2023, net sales of soybean oil in the United States for the 2022/23 season were 1,000 tons, significantly higher than last week and 5% higher than the four-week average.

This data is within the range of market expectations. Volume in soybean oil futures was estimated at 170,336 lots on Thursday, compared with 174,529 lots in the previous session.

The volume of empty positions was 479365 lots, compared with 486884 lots in the previous trading day.