Soybeans (P) Futures PricesFri, Sep 19th, 2014
Latest Brugler Soybeans (P) Report
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Soybean futures are currently another six cents lower after double digit losses on Thursday. USDA put weekly export sales for soybeans at 1,468,500 MT. There were also 110,000 MT of soybean sales to China announced under the daily reporting system, following more than 600 thousand MT announced the previous day. Soybean export sales commitments (shipments and contracts) already cover 55% of the USDA forecast for the year. They are well ahead of the 48% average for this date. Customs inspectors in Argentina are on strike, effectively closing the ports for the duration (expected to be 4 days barring a resolution).
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