08.
06.16
07:17

Weather forecast based CBoT soybean prices

The CBoT prices for soybeans today tomorrow continue to rise, they are supported by a weather forecast for the United States, where it will be hot and dry in the summer.
At least the investors are also confused that at important stages of development of soybean drought reduces the income. The reason provides the dreaded weather phenomenon na Lina, which usually brings drought the grain growing regions of the United States. Since March at the CBoT soybean prices had risen already 34%, because it is extraordinarily long in Argentina and much heavy rain has decimated the soybean harvest.
The USDA yesterday said that private exporters from the harvesting of 2016 / 17 180,000 metric tons of soybeans from the United States sold to China.

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