After the decline before the weekend of CBoT soybean prices rise since yesterday again. You are supported by the export orders for U.S. carriers before the background of the smaller supply from South America because of difficult weather conditions.
Soybean stocks of the old U.S. crop will clear and buyers seek to place their orders. But also the rear dates to the CBoT support the expectation of a smaller offer from Argentina.
U.S. soybean planting is progressing well and 72% of accumulated stocks be as good to excellent. A year ago, there were 69% to this appointment.
