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Chinese soybean importers face much higher costs to bring in an additional 8 million metric tons of U.S. cargoes, whose purchase President Donald Trump has said Beijing is weighing, as rival Brazilian supplies are far cheaper in their peak export season, ADM Investor Services reported.
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“The wheat complex is mixed but mostly lower,” Total Farm Marketing said. “Looking at December contracts, Chicago wheat is 1/2 cent lower at $…
“Yesterday’s Crop Progress report saw the soybean crop 79% harvested which is up from 64% last week and the 10-year average of 76% at this tim…
“Soybean futures are trading with a lower bias this morning,” Total Farm Marketing said. “November soybeans are unchanged at $12.53, while Jan…
Bloomberg said, “Soybean futures fell to a two-month low in Chicago, while coffee and sugar slumped as President Luiz Inácio Lula da Silva’s s…
“The wheat complex extended the weakness to the Wednesday session. Chicago SRW contracts were a penny to 11 1/4 cents in the red at the close.…
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