US soyabean cash basis bids rose to new seasonal record highs at many processing plants in the Midwest, and offers for soyameal also gained as farmers held tight to the thin stockpile of supplies remaining from last year’s harvest, dealers said. Corn turned higher, aided by an upswing in US exports, including a sale to China, while wheat gained despite a lower-than-expected number for US wheat exports in a US government weekly export sales report. At 10:01 am CDT (1501 GMT), CBOT soyabeans for May delivery were up 15 cents at $14.19 per bushel, May delivery corn was up 3 cents at $6.42-1/2, and wheat for May delivery was up 6 cents at $6.97-3/4. KCBT May wheat was up 13-1/4 cents at $7.52-1/4 per bushel.
Muhammad Ramzan Rafique
I am from a small town Chichawatni, Sahiwal, Punjab , Pakistan, studied from University of Agriculture Faisalabad, on my mission to explore world I am in Denmark these days..