16.
04.15
07:34

Weak dollar and firm crude oil prices support soybean prices

The price of the CBoT Sojabohnenfutures can also this morning for the third time in a row, due to the weakness of the U.S. dollar and a firmer crude oil prices mount. Also there was yesterday still support high impact wages of soybean processors. Yesterday, the Jesse (national oilseed processors Association) announced that its members would have processed soybeans 162.8 million bushels in March. These are significantly more than the 155,3 million, which had been expected by analysts.
Yesterday, the Argentine Corn Exchange also had Rosario its crop estimate another 58 million tons raised on 59 million tonnes.

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