CBOT soybean up on hopes of robust exports from US.

Soybean futures on the CBOT rise due to expectations that exports from the US would increase sharply in the coming days. The most active May soybean contract on CBOT electronic trading platform was at $9.6650 a bushel, up 0.78% from the previous close. Exports from the US are likely to rise as farmers in Brazil are holding stocks due to expectations of higher prices. Lower supply from Brazil is likely to divert its traditional soybean importers to the US.