Growing concerns about global economic prospects, with the slowdown in global demand for grain, expressed concern about the soy-term, at least ten months of declines, dropped Monday, the sixth day.
Chicago Mercantile Exchange, November-term 0.76 for delivery of soybeans from the% is traded on the morning European USD12.4912 bushel.
Previously USD12.2612 bushel of the date of November 29, 2010 1:08% fell to the lowest trade.
Federal Reserve, the U.S. economy faces "significant downside risks," warned that the manufacturing operations in China and data on the outlook for global economic concerns, busy last week, the third month in September, has decreased.
According to the Department of Agriculture U. S. China, world's largest consumer of soybean and 1 October 2011 to 12th season should represent about 60% of world trade in cereals.
In the meantime, a large hedge fund liquidation of long positions and unconfirmed speculation about a possible sale to weigh on prices.
Soybean prices fell to 14 past 17 sessions, and the global economic slowdown will affect demand for fear of losing about 15% in September.
Despite the sharp drop in prices, the Wall Street investment bank Goldman Sachs for growth in emerging markets "is a strong vision," citing soybeans continues to be optimistic.
Bank "world of stocks and emerging markets and its impact on population growth, income levels are low." With an average of USD14.00 per bushel of soybeans in 2012, waiting for prices
Wheat for December delivery dropped to 2.72% elsewhere in the Chicago Board of Trade, corn for December delivery, per bushel USD6.6763 two months, fell 2.59% to trade at least two months at least trade USD6.4838 bushel.
Agriculture at the end of the day, the ministry U. S. United States of a product was considered as they provide an indication of how, last week released its own product improvement week.
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