Bloomberg News

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

November 16, 2011

Nov. 16 (Bloomberg) -- 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.

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