US MIDDAY: soya surges

24 Apr, 2009

Chicago Board of Trade soyabean futures rallied early Thursday on strong weekly export data from the US Agriculture Department, traders said. Buying escalated when old-crop May soyabeans surpassed its 200-day moving average of $10.59-3/4 a bushel. May soya was up 17 cents at $10.63 by 9:37 am CDT.

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