Soybean Futures Hit Seven-Week Low as US Harvest Offsets Chinese Demand
Chicago soybean futures extended their decline Thursday to a seven-week low. Analysts said progress harvesting a forecast record US crop offset support from renewed Chinese demand.
Chicago soybean futures extended a decline on Thursday to touch a seven-week low as progress in harvesting what is forecast to be a record US crop offset support from renewed Chinese demand, analysts said.Corn and wheat were little changed, holding near two-month lows, as traders assessed US corn h…