CHICAGO: Chicago Board of Trade soyabean futures ended mixed on Monday amid strong US exports and crop-boosting weekend rains in South America, traders said. CBOT January soyabeans settled down 4-1/2 cents at $11.58-1/2 per bushel.
CBOT January soyameal ended down $3.20 at $382.30 per short ton. January soyaoil was down 0.38 cent at 38.03 cents per lb. Weekend storms brought needed precipitation to northern and central Brazil, but crops there need more rain following early season dryness.
Traders are looking ahead to Thursday's US Department of Agriculture (USDA) monthly supply-and-demand report, which is expected to show smaller crops in Argentina and Brazil.
China imported 9.59 million tonnes, up from 8.28 million tonnes in the same month a year earlier, data from the General Administration of Customs showed, as more American cargoes arrived in the fourth quarter. The USDA on Monday said 2.297 million tonnes of US soyabeans were inspected for export last week, above expectations for 1.5 to 2.2 million tonnes.
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