28.
11.16
07:43

CBoT soybeans start the week bullish

The courses of the CBoT soybeans rise today morning on the highest stand since July, as the weekly US exports were again higher than market expectations. The exchange rate of the US dollar has also been reduced.
Soybean prices already rise since seven trading sessions in a row.
In the past week, 1.9 million tons of US soybeans from abroad managed to get exporters. 1.2 to 1.5 million tonnes were expected. In addition a higher demand for raw materials for bio-diesel in the year 2017.
The U.S. dollar has left his 14-year high, as the stock market euphoria for the new U.S. President Donald Trump after and now the view is focused on the upcoming events.

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