date:Feb 14, 2016
ushel for March delivery,
Indeed, Benson Quinn Commodities also flagged talk of buying of US supplies by China, the top importer of the oilseed (but which is actually this week celebrating lunar new year).
Whether the US can hold on to improved demand is a different matter, with CHS Hedging noting the return of another country from major holidays.
With Brazil likely making good harvest progress, expect this rally to be sold once they return in full from Carnival, which actually ended officially