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Soybeans rise on strong export sales, but harvest keeps weekly loss in view
BEIJING: Chicago soybeans rose on Friday, supported by strong US export sales, but remained on track for a weekly loss as the Midwest harvest progressed. The most-traded soybean contract on the Chicago Board of Trade (CBOT) rose 0.32% to $12.57 a bushel, as of 0345 GMT, though it was down 0.34% for the week. The US Department of Agriculture on Thursday reported net export sales of US soybeans in the week ended October 15 at 2,841,200 metric tons, up noticeably from the prior four-week average but in line with trade expectations for 1,800,000 to 3,000,000 tons. The ongoing US harvest is repleni...
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