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CBOT soybeans go ballistic; rains plague U.S. harvest

Started by staff, September 15, 2008, 02:02:33 AM

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staff

CBOT soybeans go ballistic; rains plague U.S. harvest
      


The Chicago Board of Trade soybean market certainly provided some fireworks on Friday when the September soybean contract shot up a whopping $2.74 a bushel, or 22 percent just before it expired at midday. 
    It caused a few gasps on the trading floor on Friday. But most traders had long ago exited their Sept positions [...]
         

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