On Tuesday, prices of U.S. soybean futures rose to their highest levels since 2018 after the U.S. Department of Agriculture said that Chinese buyers purchased 664,000 tonnes, the largest daily total since July 22.
www.cnbc.com
Soybean futures have been surging on Chinese demand, trade group CEO says buying could continue
PUBLISHED THU, SEP 10 20201:03 AM EDT
- On Tuesday, prices of U.S. soybean futures rose to their highest levels since 2018 after the U.S. Department of Agriculture said that Chinese buyers purchased 664,000 tonnes, the largest daily total since July 22.
- “It looks like the outlook demand for the next six months or so is pretty good, so I would say U.S. farmers are feeling much more optimistic than they were a year or even six months ago,” said Jim Sutter, CEO of the U.S. Soybean Export Council.
Thanks President Trump! I agree there are long term consquences to what Trump did.....he build the American Farms back better.....and they will easily get through 4 years of your demafasict cult just fine