date:Nov 20, 2012
rces, news from China that crushers had cancelled 600,000 tonnes of soybean purchases for December and January delivery and a non-threatening weather outlook for South America into early next week were seen as bearish forces.
Impressive demand news has not been enough in recent weeks to slow the active fund selling and the market stayed under pressure even with better than expected weekly sales news.
Sales for soybeans came in well above expectations at 559,700 metric tonnes for the current