date:Aug 02, 2013
he high.
August Soybean Oil finished down 0.02 at 42.09, 0.52 off the high and 0.06 up from the low.
The soybean market traded mostly higher on the day, led by double digit gains in the August contract. November soybeans traded both sides of the unchanged but ended the day with modest gains.
The Malaysian palm oil market was higher overnight and has scratched out 2 consecutive days of gains which helped to support soybean oil futures. The basis in the US was steady to slightly higher for some