US soybean prices are likely to be close to harvest lows
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Last Update: 2001-10-31
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Source: Internet
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Author: User
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Introduction: soybean meal buyers in the Midwest of the United States are expected to have good demand, because users believe that soybean prices may reach the harvest low On Monday, the USDA reported that 70% of us soybeans had been harvested, and traders said that the rest of the harvest could not be enough to reduce the soybean meal base "There was rain last night and more rain is expected for the rest of the week, so it's very likely that the harvest pressure will ease," said an Indiana trader "We've got some forward soybean meal contract orders, so now it looks like the buyer may think that the price bottom has been established," he told Reuters (author:) share to feed Weibo share to:
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