Commodity Blog |
| Soybeans Fall, Market Still Look Bullish Posted: 05 Mar 2013 08:28 PM PST Soybeans fell today after yesterday’s rally. The oilseed reached the highest level in more than a week and may yet rally again amid favorable fundamentals. China, the biggest soybean consumer, is growing and this means increasing demand. The US Department of Agriculture reported yesterday that the United States exported 345,000 metric tons of soybeans to China and 330,000 tons to an unknown destination. Experts speculated that this destination may also [...] |
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