Wednesday, October 14, 2009

Breaking News- RTRS--China soy buyers focus on new South American crops

BEIJING, Oct 13 (Reuters) - Chinese soybean importers have shifted their buying interest temporarily away from the U.S. soy crop and bought about 13 South American soy cargoes over recent days, traders said on Tuesday.
Chinese crushers still need to buy U.S. soy crop for December and January shipments, but rising Chicago Board of Trade prices <0#S:> have prompted some to hold off.