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Soybeans rise on strong export sales, but harvest keeps weekly loss in view

BEIJING: Chicago soybeans rose on Friday, supported by strong US export sales, but remained on track for a weekly loss as the Midwest harvest progressed. The most-traded soybean contract on the Chicago Board of Trade (CBOT) rose 0.32% to $12.57 a bushel, as of 0345 GMT, though it was down 0.34% for the week. The US Department of Agriculture on Thursday reported net export sales of US soybeans in the week ended October 15 at 2,841,200 metric tons, up noticeably from the prior four-week average bu

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Originally published byBusiness Recorder 1h ago · brecorder.com
Read full report at Business Recorder

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