Chicago Board of Trade soyabean futures closed modestly higher on Tuesday on technical buying and worries that the coronavirus outbreak will slow shipments of soya from Brazil and Argentina, traders said.
CBOT May soyabeans settled up 2-3/4 cents at $8.86-3/4 per bushel.
CBOT May soyameal ended down $1.50 at $332.10 per short ton while May soyaoil rose 0.41 cent to settle at 26.55 cents per pound.
A key Brazilian farm town, Canarana, in Mato Grosso state, issued a decree aimed at curbing the spread of coronavirus that could disrupt grain export logistics and the operations of global agriculture commodities traders, according to a municipal order.
Argentina's port of Timbues in northern Rosario, the country's main grains export hub, reopened its terminals to freight days after closing them to help stop the spread of coronavirus, grain processors said on Monday.
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