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Argentine soy prices higher on drought, Chicago

BUENOS AIRES : Argentina 's closing soy prices and trends on Monday: * Soy prices in Rosario ended at between 1,

Published January 9, 2012 Updated January 9, 2012 09:52pm

1 min

By Abdul Ahad

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* Soy prices in Rosario ended at between 1,275 and 1,320 pesos per tonne ($295-$306) versus 1,280 pesos in the prior session, bolstered by concerns about dry crop weather and gains at the Chicago Board of Trade, traders said.

* Volume rose to between 20,000 tonnes and 30,000 tonnes from 5,000 to 7,000 tonnes on Friday.

* Chicago Board of Trade soybean futures closed higher on Monday on hot and dry weather in Argentina that was trimming crop prospects.

* In Rosario, soybeans for May delivery, priced in US dollars, closed between $290 and $295 per tonne compared with $290 on Friday.

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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