Monday 16th June 2025

Soybeans were sharply higher on commercial and technical buying, pulling the most active months back above $10 with a new contract high in November. China bought 327,000 tons of 2020/21 U.S. beans Wednesday morning, bringing the announced total over the previous nine business days to 3.519 million tons, all to either China or unknown destinations. Those sales to unknown will likely end up being delivered to China, but there are some uncertainties about when or even if those beans will be delivered.

    

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