CHICAGO: Spot soybean futures on the Chicago Board of Trade fell to a near three-month low Wednesday, joining a broad-based sell-off in commodities tied to concerns about slowing global growth, traders said.
* The dollar hit a two-week high against the euro and US equities fell as renewed upheaval in the euro zone over financial bailouts led investors to book profits near the close of a strong third quarter.
* Additional pressure from talk of better-than-expected soy yields as the US harvest expands.
* Also bearish, rains across central Brazil this week have eased dryness in some areas, lifting prospects for the planting of that country's 2013 soybean crop.
* Benchmark November soybeans hit sell-stops as the contract fell below $15.82, the 38 percent retracement mark of the contract's summer rally from early June to early September.
* Spot soybeans fell to $15.65, the lowest spot soybean price since July 3.
* USDA confirmed sales of 140,000 tonnes of US soybeans to unknown destinations for delivery in 2012/13.
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