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335162

CBOT soybeans close firmer in rebound

CHICAGO, Oct 25 (Reuters) - U.S. soybean futures ended stronger on Tuesday as the market recovered partially from losses in the previous session, traders said. * The benchmark Chicago Board of Trade November soybean futures contract ended up 10 cents at $13.82 a bushel. * CBOT December soymeal was $6.90 higher at $415.60 a ton and CBOT December soyoil gained 0.41 cent to 72.28 cents per lb. * Traders are assessing U.S. export prospects and strong demand from domestic crushers as Midwest farmers enter the final stretch of harvest. * Rains in the U.S. Midwest are expected to slow the harvest in some areas, analysts said. The showers are welcome as shippers struggle with low water levels on the Mississippi River, though the difficulties will continue, analysts said. * Shipping woes will cut U.S. soybean export volumes and shift more corn exports to early 2023, the chief executive of Archer-Daniels-Midland said on an earnings call. (Reporting by Tom Polansek; Editing by Andrea Ricci)

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