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Print Print edition: 2012-03-03

US MIDDAY: soya rises

Published Updated

US soyabeans advanced for the 10th session in a row while wheat rebounded from two sessions of losses on Friday, buoyed by rising export demand and bucking pressure from a strong dollar. Corn futures also trimmed early losses at the Chicago Board of Trade as investment fund buying lifted prices of each crop off their session lows.
Soyabeans notched a five-month high, with actively-traded May soyabeans gaining 5-3/4 cents to $13.28-1/4 per bushel as of 10:36 am CST (1636 GMT). CBOT May wheat was up 4-1/4 cents at $6.68-1/4 per bushel while May corn fell 2-1/4 cents to $6.51-3/4.

Copyright Reuters, 2012

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