Saturday, 4 May 2013
Chicago Closes Mixed, Beans Higher On Tight Availability
Posted on 02:51 by Unknown
03/05/13 -- Soycomplex: Beans closed higher in a very tight physical market. With US exports very well advanced there appear to be few sellers, even with cash bids in excess of USD15/bu. There are rumours that Cargill are to close a crushing plant in Indiana for the summer due to a shortage of physical beans. There's still talk of 1-3 million acres of corn getting switched into beans due to
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