Chinese buyers booked deals to buy 585,000 tonnes of US soybeans on Wednesday
source: Reuters
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.
US Corn Price Idx:ZCPAUS.CM
open: 7.4227
high: 7.4825
low: 7.1372
close: 7.1434
US Soybean Price Idx:ZSPAUS.CM
open: 15.9907
high: 16.2953
low: 15.8114
close: 15.9058
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 9.4799
high: 9.5285
low: 8.9965
close: 9.0161
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 8.5325
high: 8.6497
low: 8.1008
close: 8.1586
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