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CBoT Soybeans Rebound from 6-Week Low

10 Aug 2020 8:22 am
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Mumbai (Commodities control) – U.S. soybean futures edged higher on Monday, rebounding from a six-week low touched in the previous session, though gains were checked by expectations of ample global supplies.

The most active soybean futures were up 0.2% at $8.69-1/2 a bushel, having closed down 1.2% on Friday when prices hit a June 30 low of $8.66-3/4 a bushel.

The U.S. Department of Agriculture last week reported private sales of U.S. soybeans to China of 456,000 tonnes, the biggest single-day soy sale to the world's top buyer since June 11.

(Commodities Control Bureau)



       
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