20.
10.16
07:17

Soybean trade today on the brink of a 3-week highs

The soybean prices in Chicago this morning trade the second day in a row with win. Support is the market due to the high demand of China's. In the past few weeks, traders from the "Middle Kingdom" were very active in the export market. Yesterday, U.S. exporters reported the sale of 185,000 metric tons of soybeans to an unknown destination. However a large soybean crop with record yields is expected in the United States. Today, the U.S. Department of Agriculture published the weekly U.S. export sales. Analysts expect export transactions in a volume of 1.0 to 1.3 million tons.
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