China’s soybean purchases boost U.S. prices as market eyes South America

Soybeans were higher on commercial and technical buying, ending a wide-ranging week with modest gains. There was another round of support from the underlying optimism about the trade framework with China. While China has pledged to buy U.S. beans, prices are at a premium to Brazil, which could limit the upside. Additionally, even without retaliatory […]

The post China’s soybean purchases boost U.S. prices as market eyes South America appeared first on Brownfield Ag News.

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