# CBOT soyabean futures fall on fresh exports to China - Markets - Business Recorder

> Chicago soybean futures fell on Friday as forecast rains from Gulf tropical storms outweighed reports of fresh export sales to China. USDA data showed 400,000 tonnes sold for China and 368,000 tonnes to unknown destinations. Soymeal fell and soyoil edged higher.

- Date: 2020-08-22 · published 2020-08-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51650-cbot-soyabean-futures-fall-on-fresh-exports-to-china-markets-business-recorder
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected Midwest rainfall eases crop stress concerns and pressures soybean prices, though ongoing Chinese export sales limit the downside for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40013912
- brecorder.com: https://www.brecorder.com/news/40014245

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.