Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 11, 2013 14:47:28

Soy second day, weakening and this is the lowest since Jan. 25



ColosseumThe biggest drop in prices for the last seven weeks recorded in the last trading session last week, the stock market Chicago Board of Trade CME Group within the most active futures contract for soybeans. It was a response to a monthly report of the U.S. Department of Agriculture (USDA), the WASD report, in which the USDA predicts, due to higher production in South America, the growth of global soybean inventories. According to this document, increase the volume of global soybean inventories before the new crop to a record 269.5 million metric tons, 13% more than in the previous year. The January estimate was 269.41 million tonnes. Combined production of Brazil along with Argentina reaches over the previous year increased by 28% to a new record of 136.5 million metric tons.Soybean futures with delivery date in March weakened in the last trading session last week, the stock market CBOT by 2% to the closing price of 1456.75 pence per bushel. The same direction then the price of that futures contract is also developing in the day, yet weakened by 14 cents to 1438.5 cents per bushel, the lowest level since January 25 2013th

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Sója druhým dnem oslabuje a je nejníž od letošního 25.ledna

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