Argentina Soyoil Trades at Decade Low to US on Harvest, Biofuels

Soybean oil processing.

Photographer: Rory Doyle/Bloomberg

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Soybean oil from Argentina, the world’s biggest exporter, is trading at the cheapest in at least a decade relative to rival supplies out of the US, as the harvest on the Pampas crop belt hits full stride and after Washington increased biofuel blending mandates.