CBOT soyabean futures rise

Chicago Board of Trade soyabean futures rose on Tuesday as persistently dry weather in key production areas of Argentina fueled concerns about the crop in the world's No. 3 soyabean exporter and top supplier of soyameal and soyaoil. Benchmark CBOT March soyabeans settled above the key $10-per-bushel mark for the first time in 6-1/2 weeks. The contract ended up 8-3/4 cents at $10.00-1/4 a bushel.
Soyameal and soyaoil futures also ended higher. Key production areas in Argentina are expected to see little rain over the next 10 days to two weeks, forecasters said.