31.
10.16
07:22

Large stocks of soybean in China

China's extensive soybean stocks prevented a further expansion of the price rises on the CBoT on Friday. Until Thursday of last week, prices rose on a two-month high because daily large export orders for U.S. soybeans from China have been reported. On Friday, institutional investors but 9,000 lots sold Sojabohnenfutures since the stocks in China be estimated very large and the next South American crop has so far no serious problems.
Therefore broker in far East estimated this morning low the likelihood of rising prices, since funds from your long positions now take profits. The CBoT soybeans record but again slightly tighter to the hour.
Soybean exports from the United States are grown on Bardhan 1,936 billion during the marketing period 2015/16, which ended on August 31, because during this period the crops in South America with problems had to fight.

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