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Vegetable Oils Will Be Biofuel ‘Bull Leader’ in 2012, Basse Says

Vegetable oil prices will be the leader to the upside starting next year, said Dan Basse, president of AgResource, at a conference in Geneva today. Latin America is increasing production of biodiesel, which is made from vegetable oils including soy oil and rapeseed oil, he said.

To contact the editor responsible for this story: Tony C. Dreibus at tdreibus@bloomberg.net

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