皇冠体育app

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Soybeans sprout on trade spat

(皇冠体育app Daily)
Updated: 2010-04-15 09:44
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Soybean futures rose to a seven-week high on speculation a trade dispute between 皇冠体育app and Argentina will persist, pushing the Asian nation to boost purchases of beans from the United States to meet rising demand.

Related readings:
Soybeans sprout on trade spat 皇冠体育app's monthly soybean imports may climb to record
Soybeans sprout on trade spat Soybean prices scale new peak
Soybeans sprout on trade spat Soybean imports squeeze market share
Soybeans sprout on trade spat Soybean imports set to rise

July-delivery soybeans rose as much as 0.5 percent, to $9.805 a bushel on the Chicago Board of Trade, the highest price for a most-active contract since Feb 23. It traded at $9.775 a bushel at 2:24 pm Singapore time.

Soybean imports by 皇冠体育app are forecast to climb to the highest ever for a single month in May after crushers increased buying, the 皇冠体育app National Grain and Oils Information Center said. Imports may rise to as much as 5.5 million tons in May.

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