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Soybeans rose modestly on short covering and technical buying ahead of US-China trade talks. Reports say China is allowing new tariff waivers on U.S. soybeans, and COFCO expects lower soybean purchases from Brazil due to African swine fever.
Soymeal and soyoil also edged higher.
Expected Chinese tariff waivers and reduced Brazilian soybean buying from China support U.S. soybean demand and prices, although U.S. beans still trade at a discount to South American supplies.
brownfieldagnews.comSep 24, 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.
