Group 1 - Soybean prices are experiencing a rally of 20 to 22 cents following positive trade discussions between the US and China [1] - The average closing price for November soybeans has increased to $10.22 in October, which is 19 cents higher than last year's harvest price but 32 cents lower than the February base price [2] - US and Chinese negotiators have made progress in trade talks, with China expected to purchase "substantial" amounts of US soybeans [3] Group 2 - As of last Thursday, Brazil's soybean crop was reported to be 36% planted [3] - November soybeans closed at $10.41 3/4, down 3 cents, while January and March soybeans also saw slight declines [3] - The cmdtyView national average Cash Bean price was reported at $9.73 3/4, down 2 1/2 cents [1]
Soybeans Rallying on Positive Trade News
Yahoo Finance·2025-10-27 12:36