CBOT soybean up on higher demand for US supply.

Soybean futures on the CBOT rise due to reports of strong demand for US commodity. The most active July soybean contract on CBOT is at $9.7950 a bushel, up 0.4% from the previous close. Also, expectations of the oilseed area in the US being shifted to corn supported prices. Weakness in the dollar against the euro is also supporting CBOT soybean prices as it makes the commodity cheaper for importers from US.