U.S. exporters sold 2.17 million metric tons of soybeans in the week ended Oct. 16, the most in a month and more than double the amount a week earlier, the U.S. Department of Agriculture said yesterday.
Russian soybean meal imports will probably fall at least 10% to 400,000 metric tons this season on expectations for more local output and a weaker ruble, market researcher Ikar said.
Hedge funds cut wagers on rising agricultural prices at the fastest pace since January before the U.S. government predicted rising supplies of everything from wheat to rice.
Hedge funds cut wagers on rising agricultural prices at the fastest pace since January before the U.S. government predicted rising supplies of everything from wheat to rice.
