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GRAINS-Soybeans climb to 2-month high; US-China trade war in focus

Soybeans reached a two-month high on Monday, driven by expectations of trade talks between the US and China. Corn and wheat prices also saw gains, with wheat trading close to its highest point since mid-March due to concerns over dryness affecting US yields. Market participants are awaiting news on potential trade talks between the two countries, which could lead to a restart of US soybean exports to China. The US wheat market is also facing worries over crop losses due to dryness, while heavy rain in the US corn belt has delayed seeding and boosted prices.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14630733/GRAINS-Soybeans-climb-2-month-high-US-China-trade-war-focus.html
Source Id: 8643698451

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