World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

In overnight trading, soybeans continued to build on Monday’s gains with fuel provided by higher prices for Dalian’s soymeal and oil as well as another stout rally in Malaysian palm oil, which was up 43 ringgits to another four-year high. The rally of soy complex futures prices then continued into the day session. General Comments In overnight trading, soybeans continued to build on Monday’s gains with fuel provided by higher prices for Dalian’s soymeal and oil as well as another stout rally in Malaysian palm oil, which was up 43 ringgits to another four-year high. However, wheat and corn prices were anchored near unchanged. Despite the market’s enthusiasm for soybeans, volume was rather light overnight. By the time the day session opened...

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From WPI Consulting

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