Tuesday, 3 May 2011

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Soybean futures drop on bin Laden news, Chinese demand concerns

  • Tuesday, 3 May 2011
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  • Futures Pros � Soybean futures were down for a second day on Monday, as news that al-Qaeda leader Osama bin Laden had been killed by U.S. forces in Pakistan prompted a broad-based selloff in commodities. On the Chicago Mercantile Exchange, soybean futures for July delivery traded at USD13.8925 a bushel during European morning trade, shedding 0.4%. It earlier dropped to USD13.8162 a bushel



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