Reading Time: 2 minutes Chicago soybean futures hit 16-month highs on Monday on expectations China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war.
Soybeans
U.S. grains: Soybeans touch 16-month high, wheat firm on Chinese demand hopes
U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism
Reading Time: 2 minutes U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.
U.S. grains: Soy futures set 15-month high after China agrees to purchases
Reading Time: 2 minutes U.S. soybean futures reached a 15-month high on Thursday after President Donald Trump’s administration said top-importer China agreed to buy tens of millions of tons of American crops in the next few years as part of a trade truce.
China to buy 12 million metric tons of soybeans this season, Bessent says
Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the current season through January and has committed to buying 25 million tons annually for the next three years as part of a larger trade agreement with Beijing.
U.S. grains: Soybean futures hover near 15-month high after China buys U.S. cargoes
Reading Time: 2 minutes Chicago Board of Trade soybean futures hovered near a 15-month high on Wednesday after trade sources said China made its first purchases from the autumn U.S. harvest ahead of a summit between leaders Donald Trump and Xi Jinping.
ICE Canada Weekly: Canola could climb higher through to spring
Reading Time: < 1 minute With harvest pressure on canola over, the Canadian oilseed could track higher until spring, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg, Man. Although he cautioned there will be some rough patches along the way.
CBOT weekly: Trade talks in focus
Reading Time: < 1 minute Optimism over thawing trade relations between the United States and China gave soybean futures at the Chicago Board of Trade a boost during the week ended Oct. 29, with the advances in the soy market spilling into corn and wheat.
China buys U.S. soybean cargoes ahead of Trump-Xi meet, sources say
Reading Time: 2 minutes China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of leaders Donald Trump and Xi Jinping.
U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes
Reading Time: 2 minutes Chicago soybean futures reached their highest in 15 months on Tuesday, briefly topping $11 a bushel on optimism that the U.S. could reach a trade deal with China as leaders from both countries are expected to meet in South Korea on Thursday.
Monsoon promise turns sour for India’s crops ruined by late downpours
Reading Time: 2 minutes Indian farmers’ hopes for bumper crops following this year’s abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields.