CBOT soybean up as USDA estimates fall in Oct output.

Futures contracts of soybean were up on CBOT as the USDA has estimated an on-month fall in global soybean production in October. The most active January contract of soybean on the CBOT was at $9.86 per bushel, up 0.3% from the previous close. global soybean production in October is seen falling to 347.88 million metric tonne, against 348.44 million metric tonne in September. Prices also rose because of concerns over delayed planting in Brazil and Argentina due to dry weather conditions.