Soybeans rebounded from the lowest price in more than a week after a government report showed increasing demand for supplies from the U.S., the world’s top grower. Soybeans inspected for export jumped 25% to a record 3.113 million metric tons in the week ended Nov. 13, with more than 78% headed to China, the biggest consumer, the U.S. Department of Agriculture said today.
Published in TZ Latest News 17 November, 2014 by The TZ Newswire Staff
Soybean Futures Rebound As Demand Grows
Published in TZ Latest News 17 November, 2014 by The TZ Newswire Staff
Soybean Futures Rebound As Demand Grows
Soybeans rebounded from the lowest price in more than a week after a government report showed increasing demand for supplies from the U.S., the world’s top grower. Soybeans inspected for export jumped 25% to a record 3.113 million metric tons in the week ended Nov. 13, with more than 78% headed to China, the biggest consumer, the U.S. Department of Agriculture said today.