The spread, or price difference, between the nearby May CBOT soybean futures contract
Tuesday, March 30, 2010
Breaking News-RTRS-ANALYSIS-Argentine strike keeps CBOT soy spread on the boil
CHICAGO, March 29 (Reuters) - The combination of an expanding port strike in Argentina and tight supplies of old-crop U.S. soybeans looks set to keep Chicago Board of Trade soybean and soymeal spreads on the boil this week.
The spread, or price difference, between the nearby May CBOT soybean futures contract and the deferred November contract settled Monday at 42 cents, premium May, its widest point in nearly three months.
The spread, or price difference, between the nearby May CBOT soybean futures contract