16.
10.18
13:00

US soybeans are giving up part of the profits again

The soybean futures today give back some of yesterday's trading profits. In the coming days, dry weather is expected in the Midwest, which could increase the pace of soybean harvesting. The soybean crops rose 2.8% yesterday. That was the highest price since the 21st of August. Monday's quotes were driven by fears that precipitation could slow harvest activity in the Midwest. In addition, it was reported that US soybeans were loaded for delivery to China. This is evident from the weekly US Export Inspections Report released yesterday by the USDA. NOPA figures were also more bullish than analysts expected. US farmers have only harvested 38% of soybeans, with the 5-year average at 53%.

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich