Soybeans were modestly lower on fund and technical selling. China bought another 126,000 tons of 2019/20 U.S. soybeans, but at 964,000 tons, the three-day total has fallen short of some expectations. Beijing has reportedly cleared importers to buy as much as 6 million tons of U.S. beans tariff free. Friday, the White House was reportedly looking for ways to limit U.S. investment in China. Negotiations between the U.S. and China are scheduled to resume in October.
Continue reading Soybeans down on slower than expected sales to China at Brownfield Ag News.
