Soybeans shoot higher on dry weather
date:May 22, 2012
southern Illinois and southeast Missouri, Telvent added.


New crop futures advanced at the expense of contracts for near-term delivery, a sign that investors acknowledge the 2012 crop has little room for any production errors.


Soybeans for July delivery closed up 7 1/2 cents to $14.12 1/2 a bushel, and November soybeans finished 18 1/4 cents higher at $13.06 1/4.


Monday was the first trading under the CME Group's new expanded trading hours for CBOT grain and soy contracts. Trading in the c
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