Sabtu, 07 Januari 2012

Grains and oilseeds end the week lower

Soybeans were lower on profit taking and technical selling. There was no fresh news, the outside markets were bearish, and it was a poor week for export sales. Past that – the pit’s continuing to watch the weather in key growing areas of Argentina and Brazil with at least some rainfall in the forecast in key growing areas. Soybean meal and oil were lower on spillover from the outside markets and soybeans, in addition to the fundamental implications of a rebound in the South American

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