US soybean sale to China as traders await WASDE
USDA reported a private sale of 136,000 tonnes of US soybeans to China for 2026/27. Soybean futures moved toward $12 per bushel as traders weighed demand against supply expectations.
· Feedsoft Markets Desk
TRANSCRIPT
136,000 tonnes sold to China. USDA reported a private sale of US soybeans for delivery in the 2026/27 marketing year.
Soybeans moved toward $12. US futures rose toward $12 per bushel after the reported sale.
Shipments also picked up. US soybean export shipments reached a marketing-year high in the week ending October 29.
Supply is still in focus. Expectations of a large US crop and strong Brazilian planting progress limited the upside ahead of WASDE.
Read the full analysis: feedsoft.ai/events/89080-soybeans-rebound-toward-12
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Market information, not investment advice.