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GRAINS-US soybeans, wheat at fresh 2-1/2 yr highs on supply worries
Link: http://www.reuters.com/article/idUSL3E7CI26120110119
U.S. soybean and wheat futures hit fresh 2-1/2 year highs in early Asian trade on Wednesday on worries that crops in Argentina, a big exporter of both commodities, are continuing to suffer from insufficient rain. Chicago Board of Trade (CBOY) soybeans for March delivery rose 0.46 percent to $14.19-3/4 per bushel as the focus remained on prospects for drought affected crops in Argentina and a possible deal being announced on U.S soybean exports to China during Chinese President Hu Jintao's visit to the United States.
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