Soybean prices rose to a two-month high on Wednesday, underpinned by expectations of a de-escalation in the U.S.-China trade conflict, while wheat and corn futures ticked lower.
U.S. grains: Soybeans jump on hopes of easing US-China trade tensions
US signals willingness to de-escalate trade war with China
Soybean futures jump on hopes of lower trade barriers
U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.
U.S. grains: Chicago soybeans get a technical bounce, corn and wheat ease
Chicago soybean futures bounced on Tuesday while corn and wheat eased as broader financial markets recovered from a day-earlier slide and the dollar held near a multi-year low.
ADM closing soybean processing plant in Kershaw, South Carolina
Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year.
U.S. grains: Soybeans pressured as Trump attacks Federal Reserve chair
Chicago soybeans fell on Monday after an overnight rally with the mood in outside markets souring as U.S. President Donald Trump attacked U.S. Federal Reserve Chair Jerome Powell, causing concerns about the autonomy of the U.S. central bank.
U.S. grains: Wheat up on US Plains dryness, soybeans fall on profit taking
Chicago wheat futures rose on Thursday, supported by concerns that forecasted rain will not be enough to alleviate dryness in some U.S. wheat production regions, analysts said.
Who is likely to win a trade war between the U.S, China?
Some analysts think it’s a war China cannot afford to fight, while others believe the country is in better postion than last time
China's slumping economy might not be able to withstand a prolonged trade war with the United States, according to an analyst.
CBOT Weekly: Easter rains could spring delays on planting progress
Trump a wildcard
With the United States weather forecast calling for rain on April 18 and 21, planting progress could come to a quick stop, said broker Scott Capinegro of AgMarket.net in Chicago.
U.S. grains: Soybeans rise on weaker dollar; tariff threats priced in
Chicago soybean futures gained strength on Wednesday from a weaker dollar and a report that China would be open to trade negotiations with the U.S., though big supplies from South America and nearly nonexistent Chinese demand for U.S. beans continued to loom over the market, analysts said.
U.S. grains: Soybeans slip from highs on weak export demand, trade tensions
Chicago soybean futures fell on Tuesday, a day after hitting a seven-week high, under pressure from weak demand from top buyer China amid an escalating trade war and Brazil's bumper soybean harvest.
Cyber-Savvy Farmer
