Soybean futures rise on hopes of expanded Chinese buying
CBOT soybean futures climbed Monday as traders looked for a Trump-Xi meeting this week to expand Chinese purchases of American crops; corn and wheat also advanced.
Chicago Board of Trade soybean futures climbed on Monday as traders anticipated that a meeting between US President Donald Trump and Chinese President Xi Jinping this week could expand Chinese buying of American crops. Corn and wheat futures also advanced. Traders focused on the Thursday meeting.