Chicago Board of Trade (CBOT) soybean January 13 to stabilize the market higher, which in March soybean futures rose 5.5 cents to close at 971.5 cents.

Integrated foreign news January 13, the lido fundamentals support Tuesday (January 13) CBOT soybean futures closed higher market has stabilized, the trend from the previous fall.

March soybeans closed 976 cents, the high point of 991 cents to a low of 970 cents, to close 971.5 cents, up 5.5 cents; May soybeans closed 980.75 cents, up 5.25 cents.

March soybean meal closed 295 U.S. dollars / short ton, up 0.5 U.S. dollars; March soybean oil closed 34.83 cents / lb, up 0.42 cents.

Analysts said the rise on the 13th is a reflection of market fundamentals, Argentina continued to worry about drought and the rise of China provided the basis of strong demand.

The recent Argentina-producing areas of the hot dry weather which causes concern the issue of crop yields. With the rapid development of La Nina climate, Argentina producing most of the risk of crop production there.

At the same time, China's import demand nothing beans reduced market Monday limit the price advantage the United States and more beans.

However, the U.S. dollar, corn spillover weakness and speculative profit-taking pressure, soybean days period from the closing price of the high-point cut early gains.

Monday collapse prompted traders cautious holdings more than a single, since since December 5, soybeans rose nearly 2.5 U.S. dollars, super-profits to buy access to open city.

According to DTN meteorological agency predicted that the next 1 week, Argentina and Central areas to maintain the dry mode, the high temperature will also increase corn pollination and soybean, sunflower crop stress. During the weekend, some areas of showers and thunderstorms are expected to appear, but not enough to significantly less rainfall in drought mitigation.

Wednesday, the United States Oilseed Processors Association (NOPA) will be published in December press reports. Industry analysts expect the month in the U.S. soybean crushing volume 140,900,000 bushels, up slightly from last month's 139.4 million bushels.

Soy product futures market closed higher today, soybean crops in South America up and worried about potential production cuts to support the provision of the two cities. Soybean market, however, and is similar to that in the city open disk, the dollar rose and corn suppressed under weak factors, soybean meal, soybean oil from the site in early period of high prices.

March soybean crush arbitrage contracts in the share of 37.26 percent, in March soybean crush disk profit of 58 cents.

CBOT soybean Following the closing price on the 13th (Unit: cents / bushel):

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Open-source contracts the highest price the lowest closing price Change

January / 09 (SBCF) 981 * 0 985 * 0 969 * 4 969 * 4 +15 * 4

March / 09 (SBCH) 978 * 0 991 * 0 970 * 0 971 * 4 +5 * 4

May / 09 (SBCK) 986 * 0 1000 * 0 980 * 0 980 * 6 +5 * 2

July / 09 (SBCN) 997 * 0 1010 * 4 986 * 0 991 * 0 +4 * 6

August / 09 (SBCQ) 0 * 0 990 * 0 986 * 6 990 * 0 +3 * 2

September / 09 (SBCU) 0 * 0 975 * 4 973 * 0 975 * 4 +2 * 4

November / 09 (SBCX) 976 * 0 977 * 0 962 * 4 962 * 4 -0 * 4

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Source: Chicago Board of Trade

U.S. Commodity Futures Trading Commission (CFTC) released the latest deadline for January 6 week CBOT soybean futures positions classified report.

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Contract Unit: 5,000 bushels of total positions: 283,833

Fund --------- ------- --- ---- ---- Total commercial ---- speculative positions

Short arbitrage long long long short short short long

58597 29580 44659 138636 151773 241892 226012 41941 57821

Than the December 30 week total positions change (5060)

3846 1006 -468 26 4301 3404 4839 1656 221

Various types of dealer positions in the percentage of the total positions (%)

20.6 10.4 15.7 48.8 53.5 85.2 79.6 14.8 20.4

Dealers under each item number (Dealers Total: 286)

72 74 90 84 102 215 228

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