Tuesday, 11 June 2013
Chicago Drops Ahead Of USDA Reports
Posted on 02:06 by Unknown
10/06/13 -- Soycomplex: The soybean market closed sharply lower on positioning ahead of tonight's planting progress report and Wednesday's upcoming WASDE numbers from the USDA. Having risen to 7-month highs last week then I guess some consolidation was only to be expected. A warmer and drier forecast for the week ahead was also seen as bearish. Weekly soybean export inspections of just over 3
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