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Soybean futures eased on fund and technical selling after China bought another 126,000 tons of U.S. 2019/20 soybeans, bringing the three-day total to 964,000 tons, below some expectations. Beijing reportedly cleared importers to buy up to 6 million tons of U.S. beans tariff free, and talks resume in October.
Slower-than-expected Chinese buying weighs on soybean prices, though tariff-free clearance keeps longer-term export demand supportive; African swine fever is also boosting Chinese meal demand.
brownfieldagnews.comSep 27, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
