25.
09.20
04:52

First weekly loss since early August

CBoT soybean futures prices will show a loss this week for the first time in seven weeks. Rapid harvest progress in the USA is putting pressure on prices on the cash market.
The yields are not exceptional, but they are decent. On the futures exchange in Chicago, the soybean future is currently trading around the $ 10 mark in the month ahead.
In the past six weeks, prices rose in a rally because very good demand from Asia caused US supplies to drain.
The USDA again announced new large deals for exports of US corn and soybeans yesterday. However, China was not among the buyers yesterday for the first time in 14 trading days.

Source
Hansa Terminhandel GmbH
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