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Print Print edition: 2017-03-23

CBOT soyabean futures firm on bargain buying

Published March 23, 2017 Updated March 23, 2017 12:00am
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US soyabean futures firmed slightly on Tuesday, with bargain buyers stabilising the market after prices fell for 10 of the previous 11 sessions. Soyabeans closed below session highs as the benchmark Chicago Board of Trade May contract failed to hold technical support above its 10-day moving average. Ample global supplies also kept potential rallies in check. Soyaoil futures hit their highest since March 9 before the benchmark May contract consolidated near its 20-day moving average.

Copyright Reuters, 2017

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