Soybeans climbed for the fourth consecutive session, bolstered by signs of strong foreign and domestic demand earlier this week. Prices for the oilseeds also were supported by speculation that an earlier work stoppage by truckers in Brazil could resume, sending foreign buyers to the U.S. for supplies instead. A revival of trucker protests in Brazil "would definitely take out some of their export capabilities". Still, a long-term rally in the soybean market was unlikely given substantial world supplies this season and a record South American crop being harvested. May soybeans added 2 3/4 cents, or 0.3%, to $9.68 3/4 a bushel.
definitely