Soyabeans supported by exports, large US crops looms

14 Sep, 2021

CHICAGO: Chicago soyabeans traded both sides of even on Monday, supported by stronger-than-expected weekly export sales, though pressure persists as farmers begin harvesting what is expected to be a near-record crop.

Corn also saw harvest pressure, while wheat dropped on easing concerns about global supplies.

Chicago Board of Trade most-active soyabeans were down 2 cents at $12.84-1/2 a bushel at 11:09 a.m. (1609 GMT). Wheat lost 2 cents to $6.86-1/2 a bushel, while corn eased 3 cents to $5.15 a bushel.

Read Comments