July 13th, according to media reports, the CBOT soybean oil futures market closed down, of which the benchmark period closed down by about 0.95%, following the decline in the adjacent soybean market.
The USDA will release its weekly export sales report on Thursday.
Analysts forecast zero to 20,000 tonnes of soyoil export sales in the week ended July 6, compared with net U.S. soyoil sales for the 2022/23 marketing year of 6,300 tonnes in the week ended June 29, a record low. New low for the year.