# Soybeans up ahead of China talks, watching weather - Brownfield Ag News

> 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.

- Date: 2019-09-24 · published 2019-09-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57159-soybeans-up-ahead-of-china-talks-watching-weather-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [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 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.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-up-ahead-of-china-talks-watching-weather/

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