Wednesday, 10 April 2013
Chicago Closing Comments
Posted on 01:00 by Unknown
09/04/13 -- Soycomplex: The soybean market reversed the direction of the past 10 days or so by closing with decent gains heading into tomorrow's USDA report in what looks like profit-taking and short-covering. Beans closed near the top end of the session range as funds bought an estimated 7,000 contracts on the day. CNGOIC estimated China Q1 2013 soybean imports at 11.48 MMT versus 13.27 MMT year
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