08.
03.24
08:11

US soy exports are becoming more dynamic again

The focus of market participants at the CBoT is currently primarily on the USDA's WASDE report. Many short positions had already been liquidated during the week before the report was published this Friday. In addition, the export data ensured green display boards on the stock exchange. According to the US Department, sales of oilseeds amounted to 613,500 tons as of last Thursday, making them significantly more dynamic than in the previous weeks. Almost 1.42 million tons were loaded. This corresponds to an increase of 9% compared to the average of the past four weeks. Dealers are more satisfied with the current development and expect demand to continue to increase in the coming weeks, especially on a global scale.

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