Monday, 7 March 2011

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U.S. soybeans futures slip on expected stocks increase

  • Monday, 7 March 2011
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  • (Reuters) - U.S. soybean futures drifted lower in early Asian trade on Tuesday on expectations that the U.S. Department of Agriculture (USDA) will raise its forecast of U.S. soybean stocks this week, due a slowdown in domestic usage. Chicago Board of Trade soybeans futures for November delivery, the harvest month contract, fell 0.39 percent to $13.49-/2 per bushel while the front month March



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