(Bloomberg) -- Soybean futures in Chicago rose to a
35-month high as government reports showed increased demand for
animal feed and vegetable oils.
U.S. demand for soybeans from processors including Bunge
Ltd. rose 6.9 percent last month from a year earlier, the Census
Bureau said, on increased purchases of feed by livestock and
dairy producers. Malaysian palm oil futures gained the most in
three weeks on speculation that supply may lag behind demand for
fuels made from vegetable oils including palm oil and soybeans.
Read more at Bloomberg Commodities News
35-month high as government reports showed increased demand for
animal feed and vegetable oils.
U.S. demand for soybeans from processors including Bunge
Ltd. rose 6.9 percent last month from a year earlier, the Census
Bureau said, on increased purchases of feed by livestock and
dairy producers. Malaysian palm oil futures gained the most in
three weeks on speculation that supply may lag behind demand for
fuels made from vegetable oils including palm oil and soybeans.
Read more at Bloomberg Commodities News
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