In the week ending March 26, 2021, prices in the global oilseed market fell for the most part, with the soybean oil market repulsing from its record high. A surge in novel coronavirus infections in Europe, Brazil and India has raised concerns about the outlook for economic recovery and demand for commodities, as the blocked Suez Canal disrupts shipments, the strong dollar slows U.S. soybean export sales, and U.S. farmers are likely to plant much more soybeans this spring.
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BTMA News on March 29
