US MIDDAY: soyabeans lower

09 Aug, 2008

August soyabeans was down 38-3/4 cents at $12.05-1/4 per bushel; new-crop November was down 50 at $11.89. Nearly ideal US crop weather, rallying dollar and falling crude weigh on market. Traders hesitant to hold a position in the market before weekend and August 12 USDA crop report.
August soyameal was down $13.10 per ton at $330.10. August soyaoil was down 1.66 cent at 50.43 cents per lb.

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