Chicago futures for soybeans surged as trade diplomacy between the United States and China paved the way for a revival of American oilseed exports. The most-active contract on the Chicago Board of Trade reached the highest level in 15 months and is on track for its largest monthly gain in nearly four years. China’s state-owned enterprise COFCO confirmed the purchase of three cargoes of U. S. soybeans — a small but symbolically important step. One trader estimated the deal at about 180,000 metric tons for December-January delivery. Washington announced that China has...
Monday 3 November 2025
wn.com - 2 days ago
US-China Soybean Deal Sparks Export Rebound
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