13.
07.16
08:06

Soybean rally continues

In a volatile market, the rise in the Sojabohnenfutures the price is continuing this morning. Yesterday, the courses were propelled by forecasts for hot and dry summer weather in the Midwest of the United States to 3%.
The heat comes during pod filling, which could reduce the yield. The combination of above-average temperatures and below-average soil moisture worried the traders not only on the Futures Exchange.
The yesterday's USDA WASDE report still sees that a large soybean crop in the United States will compensate the increasing demand on the world market.

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