Soybeans up ahead of talks with China

Soybeans up ahead of talks with China

Soybeans were higher on commercial and technical buying, cementing a strong week to week gain. Beans had another round of support from the USDA’s surprise quarterly stocks number and the lower 2018 production estimate out Monday, September 30th. Trade negotiations with China resume Thursday, October 11th and are scheduled to continue through Friday, October 12th. The trade is waiting to see how weather impacts late development and early harvest activity. IEG Vantage, formerly Informa Economics, has the U.S.

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