Oilseed news, 04/03/2020

"Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 million barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry! .... Could be as high as 15 million barrels. Good (GREAT) news for everyone! "

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Expert Opinion: 

As long as the oil price war between Saudi Arabia and Russia is not over, oilseeds like soybeans will continue to be volatile.