Chicago Board of Trade nearby soyabean futures rallied on Thursday on supportive US soyabean crush data, while deferred contracts fell on speedy US soyabean plantings amid nearly ideal weather, brokers said.
Soyabeans were up 10-1/2 cents to down 4 cents, with July up 10-1/2 cents at $9.90-1/2 and November down 3 cents at $7.29-1/2.
ADM Investor Services bought 500 July and Cargill Investor Services sold 300 July, they said.
Liquidation of May positions preceded Friday's first notice day for CBOT May soya futures, brokers said.
They expected very few soyabean deliveries to be posted early Friday, up to 300 soyameal deliveries and no soyaoil deliveries.
Soyameal was up 90 cents to down $3.60 per ton, with July up 50 cents at $306.00 per ton. Cash soyameal basis offers were steady early Thursday, brokers said.
Soyaoil was up 0.10 cent to 1.00 cent per lb, with July up 0.89 cent at 33.98 cents.
Soyaoil found support from Thursday's US Census crush data and prospects that global buyers could turn to tight US supplies as top soyaoil exporter Argentina's 2003/04 soyabean crop disappoints.