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Quotes of soybeans on the CBOT rose to a 1.5-month high
According to the results of trading on November 22 quotes soybeans on CBOT rose to its highest figure for the last 1.5 months – $366,4 per tonne, according to Reuters
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As specified, the support of the prices had speculative sales, due to the completion of the harvesting campaign of soybeans in the U.S. and curbing the sales of oilseeds by farmers.

Besides, growth of quotations was promoted by the information about expected in December this year there is natural phenomenon La niña, which can have an adverse effect on crops of soybeans in South America. In particular, in Argentina, is expected dry weather conditions in the major regions-producers of the oilseed.

Photo: ua.all.biz



Translated by service "Yandex.Translation"
Источники: АПК-Информ
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