Prices plunged to an almost four-year low last week amid
projections that ideal weather in the U.S. Midwest could pave the way for a record soybean harvest, which would boost soyoil supplies and shift demand away from competing palm.VEGOILS-Palm drops on record soy crop outlook, weak ringgit curbs losses | Reuters
Obama warned us that ideal weather and record harvests would happen – if we didn’t stop global warming.
h/t to Tom Nelson
Reblogged this on The Firewall.