US Harvest Progress Pressures Corn and Soybean Prices Lower
Published 2 d ago1 sourceEvidence: Reported
China has stepped up U.S. soybean purchases, exceeding 3 million tons in six weeks, alongside Spain, boosting commercial movement for the 2026/27 campaign. This signals sustained demand despite ongoing trade tensions, while South American production remains a watch item due to rainfall variability and Brazilian planting progress. The acceleration suggests potential easing of trade frictions or strategic stockpiling, with implications for global agricultural commodity flows.
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