US MIDDAY: soyabeans slide

03 Jun, 2009

Chicago Board of Trade soyabean fell early on Tuesday, led by front-month July, on profit-taking after hitting an eight-month high this week as the dollar fell, traders said. July down 15 cents at $12.03-1/2. The sinking dollar remains supportive for commodities but the soyabean market was technically overbought after Monday's rally.

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