Chicago soybeans supported by China demand; corn near multi-month low
BEIJING: Chicago soybeans edged higher on Monday, supported by renewed Chinese purchases of US soybeans, although rapid harvest progress in the US Midwest continued to cap gains. The most-traded soybean contract on the Chicago Board of Trade (CBOT) rose 0.18%...
BEIJING: Chicago soybeans edged higher on Monday, supported by renewed Chinese purchases of US soybeans, although rapid harvest progress in the US Midwest continued to cap gains. The most-traded soybean contract on the Chicago Board of Trade (CBOT) rose 0.18% to $12.63-1/2 a bushel by 0510 GMT. China’s return to the US soybean market has lent support to prices. On Friday, the US Department of Agriculture confirmed p...