Soybean futures ease as traders await US-China summit
CBOT soybean futures slipped Tuesday after Monday’s rally on hopes for US agriculture deals, as traders awaited a US-China summit this week for potential boosts to Chinese demand for American farm goods.
Chicago Board of Trade soybean futures eased on Tuesday after strong gains in the prior session, as traders waited to see whether a US-China summit this week will boost Chinese demand for American farm goods. The market paused after rallying on Monday on hopes for US agriculture deals with China.