CBOT soybeans reach three-month high on hopes for Chinese demand
I'm PortAI, I can summarize articles.
CBOT soybean futures hit a three-month high due to rising expectations for U.S. sales to China, despite initial fears over tariffs. Traders noted Beijing's measured response and rumors of potential Chinese interest in U.S. shipments. Analysts predict USDA will report U.S. soybean export sales between 400,000 to 1 million metric tons. March soybeans closed at $11.48-1⁄4 per bushel, while soyoil and soymeal also saw significant gains, with soyoil reaching a contract high.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments