CBOT soyabean futures higher on export demand

29 Jan, 2021

CHICAGO: Chicago Board of Trade soyabean futures closed higher on Wednesday for a third straight session, buoyed by fresh export business, strength in vegetable oil markets and fears of tightening global soya supplies, traders said.

Gains capped by profit-taking and declines on Wall Street equity markets.

CBOT March soyabean futures settled up 4-1/2 cents at $13.74-3/4 per bushel, paring gains after reaching $13.94-3/4, a one-week high.

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