Soybeans rise to deferred contract highs ahead of Trump-Xi
CBOT soybean futures rose on Wednesday, reaching contract highs in deferred months, while soymeal futures also set contract highs, on hopes of increased Chinese demand ahead of the Trump-Xi meeting.
Chicago Board of Trade soybean futures rose on Wednesday and hit contract highs in deferred months on hopes of stronger Chinese demand. Soymeal futures also reached contract highs. S. soybeans in conjunction with the Trump-Xi meeting.