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U.S. soybean spot market review: price steady with some declined

U.S. soybean spot market review: price steady with some declined

Write: Alana [2011-05-20]
On January 20th, U.S. Midwest areas soybean spot basis bids steady with some decline, main due to spot supply adequate and demand is limited.
Brokers said that soybean spot trading very light on January 20th. End-users continue to wait and see and the market still digesting the new supply that enter into the market in recent weeks.