Soybeans rise on fears drought will cut Argentine crop, wheat firms
newscatcher
2023-01-09 14:33
Soybeans rise on fears drought will cut Argentine crop, wheat firms
HAMBURG: Chicago soybeans were supported by fears about dry weather in key supplier Argentina while wheat rose after Friday's fall and corn was flat. Chicago Board of Trade most-active soybeans rose 0.2% to $14.96-3/4 a bushel at 1206 GMT. Wheat rose 0.1% to $7.44-3/4 a bushel and corn was unchanged at $6.54 a bushel. 'Soybeans remain supported by fears about damage to the Argentine crop from drought with weather forecasts still looking overall dry in the country,' said Matt Ammermann, StoneX commodity risk manager.

https://www.brecorder.com/news/40219220

#brecorder
Hide Comments Comments (0)

You must login before you can post a comment.