By Kirk Maltais –Soybeans for November delivery fell 0.8% to $12.83 1/4 a bushel on the Chicago Board of Trade Thursday, turning lower on speculation about Chinese demand post-summit. –Corn for December delivery rose 0.3% to $5.02 a bushel. –Wheat for December rose 0.9% to $6.81 3/4 a bushel. HIGHLIGHTS Demand Dragging: China is rumored to be sitting on large inventories of soybeans, with crushing margins unprofitable for refiners there. This is the rationale used to explain why China hasn’t purchased much in the way of U.S. soybeans since the Trump-Xi summit in Washington last week. “Soybeans are seeing additional…
News Timeline:
Track the development of this news story across the Internet.