Futures for copper rose a little today on hopes that China’s policy makers will stimulate nation’s faltering economic growth. Premier Li Keqiang was speaking at a
Meanwhile, prices for soybeans dropped due to the outlook for ample supply. The forecast from the US Department of Agriculture predicted an increase of global oilseed stocks, unlike predictions for other grains that promised a decrease of inventories. It is hard for consumption to catch up with growing output, making traders less interested in buying soybeans. Futures for delivery of the grain in May fell 0.39 percent to $9.7025 per bushel on CBoT today.
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