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CBOT soybeans inch higher on continued exports

Agriculture Online
 2021-09-16

CHICAGO, Sept 16 (Reuters) - Chicago Board of Trade soybean futures ended higher on Thursday after trading both sides of even, supported by fresh export sales, though pressure remains as exporters assess U.S. Gulf capacity, analysts said. * CBOT November soybeans settled 1-1/2 cents higher at $12.96 a bushel, after reaching $13.08, its highest since August 31. * December soymeal futures added $4.50 to $344.10 a to,n while December soyoil lost 1.53 cents to 56.84 cents per lb. * The U.S. Department of Agriculture reported that China bought 132,000 tonnes of U.S. soybeans after canceling the same volume on Wednesday. * The USDA on Thursday reported that U.S. soybean export sales in the week ended Sept. 9 were 1,266,200 tonnes, in line with estimates. (Reporting by Christopher Walljasper in Chicago; Editing by Mark Porter)

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