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The Nexus
BUSINESSMay 11 · 17:54 UTCBLOOMBERGMichael Hirtzer

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.

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