CBOT November soyabeans settled down 5-1/2 cents at $8.66-1/2 per bushel. CBOT December soyameal ended $3.40 lower at $294.70 per short ton, while December soyaoil rose 0.30 cent to settle at 28.83 cents per pound. Above-normal temperatures are expected in the US Midwest over the next two weeks, forecasters said, which could reduce the number of soya acres at risk of frost. Crop maturity is lagging after many fields were planted late this spring. About 8% of US soya was not yet setting pods as of Sunday, USDA said. China announced a short list of tariff exemptions on Wednesday, but key farm products, including soyabeans, were not included.
CBOT November soyabeans settled down 5-1/2 cents at $8.66-1/2 per bushel. CBOT December soyameal ended $3.40 lower at $294.70 per short ton, while December soyaoil rose 0.30 cent to settle at 28.83 cents per pound. Above-normal temperatures are expected in the US Midwest over the next two weeks, forecasters said, which could reduce the number of soya acres at risk of frost. Crop maturity is lagging after many fields were planted late this spring. About 8% of US soya was not yet setting pods as of Sunday, USDA said. China announced a short list of tariff exemptions on Wednesday, but key farm products, including soyabeans, were not included.