Soyameal soars on Argentina crop woes, short covering

Mon, May 23, 2016 - 5:50 AM

Short-covering and concerns about tightening exports from Argentina, the top shipper of soyabean meal, help to fuel gains.

PHOTO: REUTERS

Chicago

US soyabean meal futures climbed to 18-month highs on Friday as short-covering and concerns about tightening exports from Argentina, the top shipper of the livestock feed, helped to fuel gains.

Soyabean and corn futures rose on spillover support from meal's rally, traders...

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