শুক্রবার, ১৫ ফেব্রুয়ারী, ২০১৩

Soybeans extend declines as Chinese demand wanes

Associated Press

Posted on February 14, 2013 at 4:00 PM

Updated today at 4:02 PM

NEW YORK (AP) ? Soybeans are falling after the U.S. government reported weaker demand for the crop from Chinese buyers.

March soybeans fell 5 cents to $14.18 a bushel Thursday. The contract has declined six out of the last seven days and is down 3.5 percent this month.

Wheat fell 3.5 cents to $7.32 a bushel. Corn for March delivery also edged lower, falling 0.75 cents to $6.9475 a bushel. The grain has now dropped for the last 10 trading days.

Metals all fell, with silver leading the declines.

March silver dropped 51.60 cents to $30.3530 an ounce. Gold for April delivery fell $9.60 to $1,635.50 an ounce.

Source: http://www.khou.com/news/business/191280801.html

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