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Breaking News-RTRS-US soybean exports to stay high - Oil World
Posted by Labels: Trader's highlightHAMBURG, Nov 24 (Reuters) - U.S. soybean exports are likely to remain high, supporting soybean prices, but the outlook for the South American crop in early 2010 will be key in price setting, Hamburg-based oilseeds analysts Oil World said on Tuesday.
The recent rise in U.S soybean futures has been fuelled by higher than expected Chinese demand, low South American supplies and high U.S. exports, it said.
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