Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 25, 2013 15:49:28

Soybeans saw the largest drop in price over the last 2 weeks

ColosseumThe biggest drop in prices in the last two weeks saw in yesterday's trading session on the Stock Exchange Chicago Board of Trade the most active futures contract for soybeans. It was a response to the report of the U.S. Department of Agriculture, which predicts an increase in inventories in the U.S. soybean supplies Final soybeans in the United States, according to the USDA had to August 31, 2014 to reach 250 million bushels, during the current year would be 125 million. Domestic production in the following year would be increased by 13% to a total of 3.405 billion bushels. Soybean futures on the May delivery date weakened in the last trading session last week, the stock market CBOT by 1.8% to the closing price of 1443.75 pence per bushel. The decline continues futures price of that also within the day, yet by 3.25 cents to 1440.5 cents per bushel.

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