U.S. soybean futures fell on Tuesday, retreating from a 16-month high hit a day earlier, as traders awaited Chinese purchases of U.S. cargoes following last week’s trade truce agreed by the world’s two largest economies.
U.S. grains: Soybeans retreat after rally, wheat holds at three-month high
U.S. grains: Soybeans touch 16-month high, wheat firm on Chinese demand hopes
Chicago soybean futures hit 16-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.
U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism
U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
U.S. grains: Soy futures set 15-month high after China agrees to purchases
U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.
U.S. grains: Soybean futures hover near 15-month high after China buys U.S. cargoes
Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.
CBOT weekly: Trade talks in focus
Optimism over thawing trade relations between the United States and China gave soybean futures at the Chicago Board of Trade a boost during the week ended Oct. 29, with the advances in the soy market spilling into corn and wheat.
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Feed Grain Weekly: Prices to stay steady, says broker
Prices are expected to stay flat, according to a Lethbridge-based broker.
U.S. grains: Soy hits four-month high on hopes for China trade deal
U.S. soybean futures jumped to their highest level in more than four months on Monday on hopes that China will resume buying American supplies after President Donald Trump said the countries were set to reach a trade deal during his trip to Asia this week.
The U.S. corn crop could be the biggest ever. That’s terrible news for America’s farmers.
The USDA predicts a record corn crop for U.S. farmers, who question the agency’s accuracy amidst high debt and low crop prices.
Cyber-Savvy Farmer
