date:Feb 06, 2013
.05 up from the low.
March soybeans saw double digit gains into the closing bell on supportive demand data and a less than ideal weather forecast in Argentina.
The USDA reported this morning that US private exporters sold 116,000 tonnes of soybeans to China, included in that total was 58,000 tonnes for the 2012/13 marketing year and 58,000 tonnes for the 2013/14 marketing year.
Additionally, export inspections were positive to market sentiment at 53.9 million bushels vs. 40.7 the week prior.