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CBOT soybeans rise on fears of drought in Brazil, traders focus on U.S. harvest
Gold Ten Futures, September 19, according to foreign media reports, on Wednesday, CBOT soybean futures closed higher, because the market is worried that the hot and dry weather in the top producer Brazil may threaten soybean planting, triggering short cover. The weather agency Maxar said that the delay of the rainy season in Brazil has caused water shortage in most areas, including Mato Grosso state, the top soybean producing area. Traders said that the current lack of rain is not enough to caus...
2024-09-18 23:43:59
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