Bloomberg - Soybeans Advance as U.S. Export Sales Jump, Draining Inventories
Posted by Labels: Trader's highlightBloomberg - Soybeans climbed after export sales from the U.S. jumped to the highest level since January before a government report that may show global supplies will decline.
The contract for delivery in May rose as much as 0.4 percent to $14.7875 a bushel on the Chicago Board of Trade and was at $14.7725 by 11:03 a.m. in Singapore, on a trading volume that was 55 percent less than the 100-day average for that time of day. Futures are set for a 2.3 percent advance this week.
Full article :
http://www.bloomberg.com/news/2013-03-08/soybeans-advance-as-u-s-export-sales-jump-draining-inventories.html
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