Friday, 14 June 2013
Chicago Market Falls In Follow Through Selling
Posted on 01:15 by Unknown
13/06/13 -- Soycomplex: The soybean market closed sharply lower for a second day, adding to yesterday's losses. Nearby beans bore the brunt as longs scrambled to exit the market despite old crop tightness. Weekly soybean export sales of 480,600 MT were mostly new crop (old crop accounted for only 33,500 MT of that total), in line with trade forecasts of 3-700 TMT. Meal sales were strong again at
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