Soybeans up on output worries
Updated: 2012-05-02 13:28
(China Daily)
|
||||||||
Soybeans rose, capping a third straight monthly climb, on speculation that reduced production in South America will boost the demand for US supplies from China, the biggest consumer and importer.
US exporters sold 220,000 metric tons to China for delivery after Sept 1, the Department of Agriculture said in a statement. By April 19, China purchased 6.446 million tons for delivery during that period, up 9.1 percent from a year earlier, according to USDA data. Damage cut output in Argentina and Brazil by 11 percent this year, the agency said April 10.
China Daily - Agencies
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |