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Chicago soybean futures steadied after the US-China summit brought no new purchase deals and left soybeans off a list for tariff cuts. Traders are also watching a rain-slowed US harvest and Wednesday's USDA stocks data.
CBOT soybean futures settled down 30-3/4 cents at $12.88-1/4 a bushel after soybeans were left off China-US tariff cuts. CBOT corn and wheat also fell as traders tracked Black Sea export talks and broader market pressures.
CBOT soybean futures ended higher as analysts cited hopes for increased Chinese demand for US soybeans tied to a meeting expected this week between Presidents Donald Trump and Xi Jinping.
CBOT wheat futures climbed 4-7 cents, corn 3-5 cents, and soybeans 7-10 cents on Monday. Wheat gains were driven by reduced hopes for de-escalation in the Ukraine war impacting Black Sea exports, despite Russian efforts to ensure shipping safety and falling export prices. Importer demand, including purchases by Pakista
Chicago soybeans and corn rose on Monday as traders await a meeting between U.S. President Donald Trump and Chinese President Xi Jinping this week, which could generate more Chinese buying of U.S. supplies. Wheat also rose on drone attacks by Ukraine and Russia reducing hopes for de-escalation in their war. Most-active
BEIJING, Sept 18 (Reuters) — US soybean futures dipped on Friday but were headed for a weekly gain with Chinese demand in focus ahead of next week's meeting between Presidents Donald Trump and Xi Jinping and support from stronger soymeal prices. Wheat was on course for a small weekly rise as traders assessed shipment r
Chicago soybeans rose on Monday, supported by strong Chinese demand and higher crude oil prices.The most-active soybean contract CBOT:ZS1! on the Chicago Board of Trade (CBOT) edged 0.31% higher to $13-1/2 a bushel by 0231 GMT.Chinese state buyers have stepped up purchases of U.S. soybeans ahead of…
Chicago soybeans rose on Monday, supported by strong Chinese demand and higher crude oil prices, while corn climbed on expectations of a smaller U.S. harvest and wheat also edged higher.FUNDAMENTALS* The most-active soybean contract CBOT:ZS1! on the Chicago Board of Trade (CBOT) edged 0.35% higher…
Chicago soybeans rise on Chinese demand
() -- Chicago soybeans eased further on Friday ahead of the US Department of Agriculture's supply and demand report, although futures were on track for a 3.5% weekly gain supported by Chinese purchases. The August soybean contract on the Chicago Board of Trade fell 0.06% to $11.77 per bushel in early trade. The corresp