Donald Trump, Xi Jinping and soybeans to China
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Soybeans are down 5 to 7 cents so far on Thursday. The cmdtyView national average Cash Bean price ius down 5 1/4 cents at $12.54 1/2. Soymeal futures are up 40 cents to $4.40 led by October, with Soy Oil down 55 to 60 points.
China's renewed buying has made soybeans a rare area of commercial cooperation in a U.S.-China relationship strained by tariffs and other factors.
Uneven delivery on soybean, plane and rare earths commitments points to a fragile U.S.-China trade truce, with both sides upholding a careful détente.
Soybeans were narrowly mixed. Contracts were down early, rallied with a higher move in meal, but as those gains eased, the gains in soybeans did as well. Meal futures were supported by crush margins,
U.S. farmers will produce a record-breaking harvest of 4.52 billion bushels of soybeans in 2026, according to projections from the U.S. Department of Agriculture. At 60 pounds to the bushel, that is roughly 800 pounds of soybeans for every American.
January soybeans were $.19 cents higher Monday and made 16-month highs after technically scoring a higher weekly and monthly close. Fundamentally the market also got a push with more details being released over the weekend from the White House on the China ...
Soybeans were lower on fund and technical selling. The trade’s waiting for Thursday’s face-to-face meeting with China. President Trump and President Xi are set to talk trade and there’s been some chatter that could include a reduction or elimination of tariffs.
Research scientist Ashish Rajurkar kneels in the dirt, lifting a large clod of soil tangled around a soybean plant. Researchers hope roots like these could help crops withstand some effects of
Non-GMO soybeans bring a premium for producers across the upper Midwest. In the food sector, the demand commodity is growing.
Soybeans are trading with gains of 4 to 5 ¼ cents across the nearbys at midday. Futures rounded out the Wednesday session with most contracts fractionally to 7 ½ cents higher at the close. Open interest was up 4,