31.
01.17
08:00

Soy bean with 2.5% price loss due to long Liqudation

Yesterday eased the courses of the CBoT soybean by 2.5% and traded level so the 14 days ago. Good weather conditions in South American growing regions that offered basic.
Weather forecast for Brazil, Argentina and Paraguay is excellent for the crop prospects there. Also the crop damage in Argentina after the heavy rainfalls of the past few weeks are obviously not as bad as feared. In Brazil, there are currently no delivery problems.
The USDA commodity future trading Commission published the highest amount of long positions in Sojabohnenfutures at the "non-commercial traders" for the week to January 24 153.252 lots. Thus, the futures market for long liquidations is vulnerable.
Month term, the price of soya bean is increased by 2%, so the decline will be balanced in December in part.

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