CBOT soyabean futures rise

11 Jun, 2017

Chicago Board of Trade (CBOT) July soyabean futures rose on Thursday for a fifth straight session, settling up 7-1/4 cents at $9.38 per bushel on spillover strength from wheat and corn, and US weather concerns, analysts said. Hot temperatures forecast in the US Midwest and Plains this weekend could stress newly planted crops. CBOT July soyameal closed up $1.20 at $306.10 per short ton, following strength in soyabeans. CBOT July soyaoil ended up 0.49 cent at 31.85 cents per lb.

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