16.
06.15
10:16

Soybeans trading firm

Today, the CBoT soy bean quotes be tomorrow with premiums. Heavy rains caused a slowdown of soybean planting. The USDA's weekly inventory report rated 67% of stocks with "good" to "excellent". In the previous week, there were 69%. Overall, 87% of the planned areas by June 14 for the soybean sowing have been ordered. Thus, this value remains below the historical average of 90%. The Auswärtspotenzial appears limited due to the weaker demand in China. "Overall, we expect a good and large U.S. soybean crop and as a result one relatively bärischen views of the soy bean prices" as an analyst from the far East.
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