Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 23, 2013 14:16:28

Soya grew to more than month high

ColosseumAt the level of more than monthly maxima strengthened during yesterday's trading session on the Stock Exchange Chicago Board of Trade CME Group within the most active futures contract for soybeans. The reason there were reports of drought that threatens mentioned crop production areas in Brazil and Argentina, as well as an increase in demand for U.S. soybean stocks. According to the U.S. Department of Agriculture U.S. exporters sold since the beginning of China to 120,000 metric tons. From September 1, 2012 China purchased from the United States a total of 1.09 million metric tons of soybeans for the current marketing season and another 300,000 tons to be delivered in the following season. Soybean futures with delivery date in March and in connection with the aforementioned strengthened in yesterday's trading session on the exchange CBOT 1.6% to the closing price of 1451.75 pence per bushel.During the day, the price of soy has reached up to 1460.75 cents per bushel, the highest since December 19 last year.

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