Soybeans Gain on Speculation Supply to Tighten as Farmers Switch to Corn

Soybeans advanced for a second day on speculation that smaller plantings in the U.S., the world's largest grower and exporter, may tighten global supply. May-delivery soybeans gained as much as 0.5 percent to $13.8325 a bushel in Chicago before trading at $13.8125 at 2:27 p.m. Singapore time. Production in the U.S. may fall to 3.169 billion bushels this year, Kyle Tapley, a senior agricultural

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