Futures contracts of soybean rise nearly 2% on the NCDEX, as investors continued to covered their short positions after prices hit a five-year low. The most active June contract of soybean is up 1.6% from the previous close. The July contract is also 1.3% high. Prices has fallen due to concerns over high supplies in spot markets and lower exports of soymeal. Soybean prices also rise on global cues, where prices rise on concerns over a port strike in Argentina. On CBOT, the most active July contract is trading at $9.17 a bushel, up 0.4% from the previous close.