CBoT soybeans rise in hope to continue our good US exports

The CBoT soybean prices rise tomorrow on the third trading day in a row today as it is hoped that the strong demand continues for U.S. soybeans. With the presidential election on Tuesday and the USDA report on Wednesday the price increase is likely to remain but manageable.
The first broker reports from the far East this morning have the presidential election in the United States at a glance. There's no real fundamental changes in the market. That Argentina wishes to grow more corn rather than soybeans we reported of the aggressive export demand and the expectation, often at this point.
Stock market analysts do not believe that the funds before the outcome of the US election will undertake major changes in its portfolio. Before Wednesday, no major fluctuations are therefore probably expected. In the USDA WASDE report, market participants expect higher estimates for soybeans, which are justified by new record earnings. The starting conditions for sowing for the new crop are better than in previous years in South America.

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