Bean Sellers Not Forcing Buyer's Hands
VANCOUVER - Aug 8/14 - SNS -- Bearish sentiment continues to build in dry edible bean markets even though exporters are respecting the fact that many of their customers are not ready to do business.
This is helping support nearby markets, but some participants think the pent-up need to do business will see offers exceed demand once trading resumes.
Market sentiment was also affected by updated production estimates for Mexico, indicating the country is growing a bigger crop than initially thought.
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