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Soybean futures are heading for their biggest monthly loss since August 2018, down about 7.8% in January. The decline reflects coronavirus disruption to supply chains in China and disappointment that Chinese buying has not yet followed the Phase 1 trade deal.
Delayed Chinese purchases and virus-related demand concerns weigh on soybean and soymeal prices, which pressures feed costs for buyers.
investors.comBLOOMBERG NEWSJan 31, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
