date:Apr 29, 2016
tically open for a June rate rise, while doing nothing to increase confidence in such a move.
Bearish soybean outlook
Rabobank issued a bearish outlook for grains, as it maintained its medium term price forecasts, even as it upped its short-term forecasts after the recent rally.
For soybeans, the bank noted that long-term bearish fundamentals still remain in place and will ultimately push prices lower, even as it noted large-scale fund short covering fuelling last weeks rally.
Chinese demand
But