Soy courses give the second day in a row

Also this morning, good vegetation conditions in South America put the CBoT-Sojabohnenfutures under pressure. You fall below the 4-month high.
Also on the Chinese stock exchange in Dalian, the prices are under pressure because drop shock wages of oil mills.
The CBoT soybean prices benefited recently from strong demand from China, which however soon will contact suppliers from South America, where good progress has been sowing in optimal conditions. The weather was better there than in the previous year.
Chinese buyers are always far in advance with soya beans. Although purchased by now 20-25% more than in the previous year, yet nobody has higher estimated imports for the entire year.
The courses of the Dalian Sojabohnenfutures yesterday declined 2.3% after two days with price increases. Soy meal prices eased to 2.4% and soybean oil prices fall to 1.4%. The financing costs have risen in Shanghai on a 2-month high after the Central Bank cash the financial market.
A price weakness in the crude oil also contributes to the bärischen mood in the soy market. The OPEC countries may fail to agree on a funding cut.

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