Soybeans Slump More Than 2% on Potential US-China Talks Delay
AI Summary
Chicago soybean futures fell more than 2%, dropping below $12 per bushel, amid concerns that US-China trade talks may be delayed. China is the world's largest buyer of soybeans, making any diplomatic setback particularly impactful for agricultural commodity markets.
Chicago soybean futures slumped more than 2% on Monday — dropping below $12 a bushel — in the face of a potential delay of US trade talks with China, the world’s top buyer of the oilseed.
World Politics Markets Commodities soybeans futures US-China trade China agriculture commodities Chicago Board of Trade