The Chicago are soy beans on the best way to enter a weekly loss of 3% today. One contributes much-noticed crop tour in the Midwest of the United States, which found there in the heartland of US soybean cultivation usually above average yields.
The widespread assessment of analysts is that this will put prices under pressure, but at the same time nothing changed on demand. Hard to say whether the demand still continues to ride, if prices continue to fall.
While average soybean yields - as last year - are expected in southern Minnesota, Illinois and Iowa, Western, the income on average in recent years are in Eastern Iowa.
Yesterday, the commodity funds were net sellers of 10,000 to 20,000 lots of soybean futures.
