Argentina Soyoil Trades at Decade Low to US on Harvest, Biofuels
Soybean oil processing.
Photographer: Rory Doyle/BloombergSoybean 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.