After the soybeans on the CBoT U.S. Holiday Memorial Day start the short trading week with a strong increase in. The crop losses in South America are the dominant theme. On the last trading day of the month, there are indications that the prices rise 6% in may; in the last three months, there were 27% in total.
Tighter supply from South America is probably largely priced and now it is of great importance, how the crops of soybeans in the United States. Weather risk will sensitive eyed by operators, so the analysis this morning in Singapore. For example: is the La Nina weather phenomenon have influence?
On June 1, China will auction 300.400 tons of soybean from its State reserve.
