Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Chicago soybean prices dropped 0.4% to $11.10¼/bushel on Monday, pressured by Brazil’s record harvest and profit-taking, despite a soybean sale to China.

flag Chicago soybean futures fell 0.4% to $11.10¼ per bushel on Monday, ending a recent rally as increased supply from Brazil’s record harvest and profit-taking weighed on prices. flag Corn and wheat also declined slightly, with traders awaiting the USDA’s upcoming WASDE report for updated supply and demand forecasts. flag Despite a flash sale of soybeans to China, the market reacted neutrally, reflecting a “buy the rumor, sell the fact” pattern. flag Analysts expect modest increases in U.S. corn stocks and slight declines in soybean and wheat inventories, while wheat exports rose last week.

9 Articles