Sunday, May 22, 2022
HomeBreaking NewsGRAINS-Soybeans rise on demand hopes, wheat falls for 3rd session

GRAINS-Soybeans rise on demand hopes, wheat falls for 3rd session

Credit: REUTERS/Paulo Whitaker By Naveen Thukral SINGAPORE, April 21 (Reuters) – Chicago soybean futures ticked higher on Thursday, holding on to gains made in recent sessions, as expectations of higher demand for U.S. supplies underpinned the market. Wheat lost more ground, while corn eased. "Unlike grains, oilseed prices have gained materially over the past couple of days," said Tobin Gorey, director of agricultural strategy at the Commonwealth Bank of Australia. "Soybean prices, old and new crop, are at new highs for the season." The most-active Chicago Board of Trade (CBOT) soybean contract Sv1 added 0.1% to $17.19 a bushel, […]



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments