US soyabean futures closed mixed on Wednesday with thinly traded August up as expiration nears on Friday and the posting of no deliveries combined with active exports of US soya, including additional sales to China. Positioning ahead of Thursday's USDA August crop production reports weighed on the market. CBOT August soyabean up 8-1/4 cents per bushel at $10.44-1/2.
New-crop November down 6-1/2 at $10.15-1/2. Funds sold 3,000 contracts. Exporters sell 115,000 tonnes US soyabeans to China for 2010/11 delivery. CBOT August soyameal up $1.20 per ton at $310.50. Choppy trade following soya. No deliveries on August. Funds sold 1,000 contracts. CBOT August soyaoil up 0.17 cent per lb at 41.63. Soyaoil/soyameal spreading lifts soyaoil. Deliveries on August 1,001 contracts. Funds bought 1,000 contracts.
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