HomeMarket NewsChicago Soybeans Rally Amid Brazil Heatwave and Increased Chinese Buying

Chicago Soybeans Rally Amid Brazil Heatwave and Increased Chinese Buying

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Soybean

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U.S. soybean futures surged Monday as Brazilโ€™s scorching heat continues, posing a threat to the newer crops in the region. Additionally, the market received a substantial boost from reports of increased Chinese purchases of U.S. soybeans, following several significant acquisitions last week.

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