date:Jan 31, 2013
U.S. soybean futures settled at a six-week high on Wednesday, boosted by a drier weather forecast for crops in Argentina.
Chicago Board of Trade March soybeans settled up 27 cents or 1.9% at $14.78 3/4 a bushel, the highest settlement for the front-month contract since Dec. 17.
With world supplies of soybeans and corn tight after a severe drought battered U.S. crops last year, buyers are looking to large expected harvests in Brazil and Argentina this year to replenish stockpiles.
A drier weat