Wednesday, 10 July 2013
Chicago Market Sharply Higher On Weather, Short-Covering
Posted on 01:07 by Unknown
09/07/13 -- Soycomplex: For a change it was new crop beans that led the charge today, even if soon to expire old crop Jul 13 did set another lifetime contract closing high. The US weather is warming up, and the late planted soybean crop is consequently lagging in development with only 10% of the crop at the flowering stage versus 24% normally at this time. CONAB estimated the Brazilian 2012/13
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