Soybeans rise again with the Dollar contained – Agrolink Analysis

The price of soybeans on the Chicago Grain Exchange registered an increase of 3.50 cents on the Chicago Grain Exchange on Thursday (16.03) in the May/17 contract, closing at US$ 10.015 per bushel. The July/17 contract rose 3.50 cents per dollar, while the August/17 contract rose 3.75 cents per dollar. 

 

The North American soybean market once again registered gains in the main futures prices, after several days working in the negative field. The increase in interest rates in the United States caused a fall in the Dollar and made commodities attractive again to global buyers.

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