China's Buying Steadies US Soybean Futures Market; Grains Ease
Chicago Board of Trade grain futures ticked lower on Tuesday amid a sluggish trading session, as investors weighed the latest developments surrounding the Russia-Ukraine peace talks.
Meanwhile, CBOT soybean futures were slightly higher to mixed on choppy trade on signs of China returning to the U.S. market, and trying to finish up last-minute buying before the end of the year, said Dan Basse, president of Chicago-based AgResource Co.
On Tuesday, the U.S. Department of Agriculture reported that exporters sold 136,000 metric tons of U.S. soybeans to China
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