Soy Oil futures are 87 points in the red on the session. USDA reported a private export sale of 132,000 MT of soybeans to China this morning for 2024/25 delivery. This morning’s Export Sales ...
The soybean market is down 10 to 15 cents so far on Thursday morning. Soybeans posted weaker midday trade on Wednesday after mixed Wednesday action, with contracts down 4 to as much as 11 cents.
China takes more than 60% of the soybeans shipped worldwide. "Chinese crushers are now booking Brazilian cargoes for February and March shipment," said a trader in Singapore. "Both state-owned and ...