The CBoT soybean prices fall this morning the second day in a row, as the U.S. - American harvest at an all time high aspires to. The USDA confirmed last week.
The growing season for maize and soya beans was in the Midwest of the United States in July virtually stress-free, so that the plants could evolve undisturbed. Announced rain showers have scattered renewed doubts about a large crop these days.
The prices on the futures market in Chicago were yesterday relatively volatile after more exports from the United States support prices. Now apparently outweighs the opinion that the supply situation in the long term will remain very good.
During this week's trading, soybean prices on the CBoT rose so far by 2%, because China before bought huge amounts for the next marketing period in the United States.
The weekly U.S. exports were yesterday as expected. From the old crop, 1.77.900 were a total tonnes and sold out the new 1,598 million tons.
