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Chicago soybean futures rebounded on Friday after a prior session's losses, as traders hoped for a US-China trade deal. The most-active contract rose 0.7% to $9.22 a bushel but was still on track for a weekly decline.
Trade-deal hopes support soybean prices, but the market remains pressured by ample supplies, so buyers should expect choppy moves tied to headlines.
reuters.comNaveen ThukralFeb 1, 2019Not 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.
