Soybean futures dip as Brazilian real slides following Lula election win
Soybean futures prices on the Chicago Board of Trade fell in Asian trading Oct. 26 after Brazil’s real weakened sharply against the US dollar following President Luiz Inácio Lula da Silva’s election victory, boosting expectations for stronger Brazilian soybean export competitiveness. The front-month soybean contract on CBOT traded at $12.535/bushel at 4:46 am CDT (0946 ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
