CBOT soybeans tick down in seesaw trade
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Chicago Board of Trade soybean futures experienced fluctuations on January 22, with March soybeans settling down 1/2 cent at $10.64 per bushel. March soymeal rose by $4.80 to $296.20 per short ton, while March soyoil fell by 0.23 cent to 53.78 cents per pound. The U.S. Department of Agriculture confirmed sales of 192,350 metric tons of soybeans for the 2025/26 marketing year. U.S. Treasury Secretary Scott Bessent reported positive discussions with Chinese Vice Premier He Lifeng regarding soybean purchases, confirming a commitment of 12 million tons.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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