China bought U.S. soybeans for the first time in six months after U.S. President Donald Trump and his Chinese counterpart Xi Jinping met on Dec. 1 and set a 90-day negotiating window to resolve their trade differences.
soybean
Soybean Prices to Trade Sideways to Lower: Neal Bhai Reports
Neal Bhai Report on Soybean
According to the data released by SEA, India’s soy meal exports down 32% on year to 59,643 tn in August due to dull demand from major importers. For Apr – Aug, India’s soymeal exports down by 4% on year at 3.72 lakh tonnes. However, there is anticipation of good physical demand for crushing due to expectations over rising exports to China.
Soybean Output Seen Rising With More Acreage
Gold Silver Reports — China’s top corn producing province of Heilongjiang, plans to switch 80 percent of his land to cultivate soybeans this year as the government ends a near decade-old corn price support scheme.