CBOT soybean up on bargain buys after recent fall.

Futures contracts of soybean on the CBOT rose, as investors bought the oilseed at a bargain after prices fell in the last four trading sessions. The most active November contract of soybean on the CBOT was at $9.54 per bushel, up 0.5% from the previous close. Prices had fallen earlier after the USDA raised its estimate for soybean production in the US during 2017-18 to 120.6 million tonne, up 1.2% from its projection in August. The rice in prices was also because of higher forecast of US soybean exports in 2017-18.