Chicago Soybeans Extend Gains on US-China Trade Optimism; Corn, Wheat Firm
Chicago soybean futures rose for a fifth straight session on Tuesday, as optimism over U.S.-China trade talks lifted hopes for renewed soybean purchases by the world's top buyer.
The most-active soybean contract on the Chicago Board of Trade (CBOT) gained 0.29% to $10.34-3/4 per bushel by 0405 GMT, hitting a one-month high.
U.S. President Donald Trump said on Monday he expects to work out a fair trade deal with Chinese President Xi Jinping and that he wants Beijing to buy soybeans, ahead of his planned meeting with Xi in South Korea next week...
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