US soybean futures fell on Wednesday as investors took profits after six days in a row of price increases, while wheat and corn sank on technical selling, reportsReuters.
Traders shrugged off news of the largest soybean sale to China in more than eight months, in the absence of fresh signs of a potential phase one trade deal between the world’s two largest economies.
Chinese buyers booked deals to buy 585,000 tonnes of US soybeans, the US Agriculture Department said on Wednesday.
