Optional Origin Sales: For MY 2013/2014, outstanding optional origin sales total 130,000 MT, all China
On Wednesday soybean futures fell as traders again blamed dollar strength and profit-taking in the wake recent gains. Futures fell again overnight and early Thursday morning, with traders continuing to blame the strength of the U.S. dollar and recent talk of slowing Chinese buying. May soybeans dipped 6.0 cents to $14.41/bushel Wednesday afternoon, while May soyoil lost 0.31 cents to 49.21 cents/pound, and May meal skidded $1.6 to $427.3/ton.
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