The courses of the Sojabohnenfutures on the CBoT to recover today morning of losses on Friday as the USDA estimated a record harvest. Now they exceed even the previous maximum rates of the month because demand from China remains strong.
Good weather allowed the field stands in July in the Midwest of the United States, the heartland of the U.S. soybean crop, a stress-free development. Although the global soybean supply is very good, especially in the United States, but the high demand from China exceeds previous expectations. Nevertheless, brokers in Asia warn against too much optimism for further rate increases.
