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.
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