date:Oct 29, 2012
Futures are weakening across the board ahead of the pit open in Chicago, after soybean export sales in the latest week failed to meet lofty expectations.
While net new bookings of soybeans were down only 100,000 bushels from the previous week at 19.2 million, the average trade guess was substantially higher. China took 52% of the total but one load of 2.2 million bushels was transferred to Thailand and two more for another 4.2 million were switched to Taiwan. That could be an indication that ne