U.S. Soybean Futures Hit Seven-Week Low as Chinese Buyers Return

U.S. soybean futures fell to a seven-week low Thursday, even with Chinese trading firms returning to U.S. purchases. State-owned Chinese buyers secured eight to 10 U.S. soybean cargoes during the week beginning Oct. 14. The deals marked the firms’ return to U.S. soybean buying after the September meeting between U.S. President Donald Trump and Chinese President Xi Jinping. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost