CHICAGO (Commodity Online): Soy-product futures backpedal from Tuesday's gains in unison with soybeans, booking profits after recent gains in Soymeal and soyoil.
Sharp declines in crude-oil futures fuel further losses in soyoil. CBOT December soyoil ends down 1.4% at 57.06c/pound while Soymeal drops 1% to $361.60/short ton.
Courtesy: CME Group