Markets

Argentine soy prices flat on CBOT closure

BUENOS AIRES : Argentina closing soy prices and trends on Monday: * Soy prices in Rosario ended almost uncha

Published May 30, 2011 Updated May 30, 2011 09:41pm

1 min

By Abdul Ahad

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* Soy prices in Rosario ended almost unchanged at 1,270 pesos ($294) per tonne -- stripped of its usual direction by the closure of the benchmark Chicago market for the US Memorial Day holiday, traders said.

* Soy closed at between 1,270 and 1,280 pesos on Friday.

* Argentine dock workers threatened on Monday to block grains shipments from the Rosario port area as part of a labor dispute with fertilizer maker Mosaic

* In Rosario, soybeans for May 2012 delivery, priced in US dollars, closed unchanged at $315 per tonne.

* In the southern ports of Quequen and Bahia Blanca the oilseed also closed flat at 1,260 pesos and 1,270 pesos per tonne, respectively.

Following is a list of grains and oilseed prices in Argentina's main ports. Values from the previous session are in parentheses. All figures listed are in pesos per tonne.

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