02.
09.14
21:09

The CFTC data on the soybeans from 26 August 2014

In the reporting week to the 26.08.2014, the net positions at the Chicago soybeans took off again to 5,232 contracts on 21940 NET short positions. Thus, the pressure increases on the courses in Chicago, who also arrived at the low level of the last few weeks. The European rape rates can escape this pressure at the moment. The development of falling soybean prices expected months ago occurred now impressively. Soybean prices equivalent of 400 euros per tonne in May of this year has fallen on currently under 300 euros / t (> 25%). Soy meal prices in Chicago have made with the same relation development. The more favourable conditions have arrived but Not yet in Hamburg, what could it be? In any case, you can make the euro/dollar ratio for it not responsible.

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