Soybeans heading for 4th weekly advance

Source: Bloomberg
© Scanpix/RS
Soybeans continued its rally on Friday heading for a fourth weekly gain, the longest run since February, as China's demand accelerated and inventories in U.S. declined. July Soybeans futures decreased by 0.3% to $15.0325 a bushel on the Chicago Board of Trade as of 2:22 p.m. Singapore time and are set to rise by 3.8% this week.

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Fri, 24 May 2013 08:16:04 GMT

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