
Articles
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5 days ago |
zawya.com | Ella Cao |Lewis Jackson
BEIJING: Chicago soybean futures inched higher on Monday, supported in part by gains in soyoil prices after a U.S. strike on Iranian nuclear facilities stoked concerns of global crude oil supplies. Wheat and corn edged lower. FUNDAMENTALS * The most-active soybean contract rose 0.05% to $10.68-4/8 per bushel, as of 0051 GMT. Soyoil climbed 0.92% to 54.97 cents per pound. * Wheat dropped 0.04% to $5.83-2/8 a bushel, while corn eased 0.23% to $4.27-4/8 a bushel, its lowest level in 2025.
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1 week ago |
zawya.com | Ella Cao |Lewis Jackson
BEIJING - Chicago wheat futures pulled back on Friday after a pre-holiday short-covering rally in the U.S., as harvest pressure looms in Europe and the Black Sea region. The most-active wheat contract dropped 0.59% to $5.87 a bushel, as of 0211 GMT, but remains near a four-month high and is set for a weekly gain. Wheat found some support in the previous trading session, as weather concerns in parts of the U.S. and Europe prompted speculators to cover short positions.
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1 week ago |
zawya.com | Ella Cao
BEIJING/PARIS - Chicago soybean futures eased on Wednesday as traders booked profits after a three-day price rally driven by strength in soyoil and the broader energy market, with continuing tariff uncertainty also pressuring prices. The most active soybean contract on the Chicago Board of Trade was 0.2% down by 1055 GMT at $10.71-3/4 a bushel, though still hovering near a one-month high.
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1 week ago |
reuters.com | Ella Cao |Naveen Thukral
China aims to cut soymeal in animal feed to 10% by 2030Smaller farmers struggle with costs and methods to curb soymeal useAlternatives like insect protein are still in early developmentBEIJING/SINGAPORE, June 18 (Reuters) - China's move to curb the use of soymeal in animal feed to reduce its dependence on imports is feasible but will be costly and technically challenging for the smaller farmers who account for one-third of Chinese pork production, industry experts say.
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1 week ago |
zawya.com | Ella Cao
BEIJING/PARIS - Chicago soybean futures were flat on Tuesday, torn between favourable U.S. crop weather and still strong soyoil prices despite a small fall after a sharp two-day rally, fuelled by surging crude oil and stronger U.S. biofuel blending mandates. The most-active soybean contract was unchanged at $10.69-3/4 per bushel, as of 1145 GMT. Soybeans had touched a one-month high and soyoil a 20-month high on Monday.
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