CBT SOYBEAN FUTURES OPEN SLIGHTLY FIRMER
CBT soybean futures opened steady, with
new crop slightly firmer, then rallied further to hold gains of
one cent to three cents per bushel higher in light early
dealings.
    A firmer Gulf soybean basis this morning, strength in corn
futures and delays in the Brazilian soybean harvest supported
soybean futures, despite a disappointing drop in the weekly
soybean export figure yesterday afternoon, traders said.
    A local professional house and a local house were the
featured buyers of July, with sellers scattered and small-lot,
pit brokers said.
 Reuter
