BUSINESSBLOOMBERG
Crop Futures Advance Ahead of Key USDA Report, China Summit
Soybean futures increased due to US President Donald Trump's optimism about a deal with China, potentially leading to resumed purchases of US soybean supplies. The development comes ahead of a key USDA report and a China summit. This increase is based on hopes that China, the world's largest buyer of oilseeds, may soon restart buying US supplies.