
GRAINS-Chicago soybeans head for first annual gain in three years on China's return

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Chicago soybean futures are poised for their first annual gain in three years, driven by China's renewed purchases following a trade truce. In contrast, wheat and corn futures are expected to decline for the third consecutive year due to abundant global supplies. The most-active soybean contract rose 5.12% in 2025, while wheat and corn fell 7.4% and nearly 4%, respectively. Traders are monitoring Chinese buying activity, with the U.S. expecting significant soybean purchases. Wheat prices remain pressured by ample supplies, particularly from Argentina and Russia, amid ongoing Ukraine peace talks.
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