29.
11.16
08:08

CBoT soybeans left her 4 ½-month high

After seven days of trading with price increases because of a very strong global demand for oilseeds today tomorrow once downhill with the CBoT soybean prices.
The demand can remain at the current price level is not so good but after soybeans, thinks the market analyst Phin Zainal from the National Australia Bank. The USDA had estimated yesterday US exports of soy beans in the last week of 2.091 million tons; that was the upper end of expectations.
Until recently, China bought soy beans directly from the large U.S. crop but buyers are probably more geared to South America in a few weeks and high inventories remain unsold in the United States.

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