After a sharp decline in the last hour of trading yesterday the CBoT soybean prices recover from four percent today tomorrow again. The weather service reported rain; in the Midwest of the United States It had bet the cops on drought and heat.
The market will be for the time being continue very volatile. On each trading day, the difference between high and low prices at the Sojabohnenfutures is up to 110 cents / Bardhan.
Today ending trade week, the CBoT soybean prices have grown so far by 1.3%. Thus they only slightly offset the seven percent loss of last trading week.
The latest weather reports to reduce the duration of a possible heatwave.
