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November 15, 2019 | Successful Farming

Soybeans Stay Weak on Trade Doubts

Weather underpins wheat, corn

Chicago soybean futures ticked lower on Thursday to a new one-month low as doubts over the chances of a U.S.-Chinese trade agreement this year hung over the market, reports Successful Farming.

Corn and wheat inched up, underpinned by freezing conditions in U.S. grain belts that may further hamper a slow-moving corn harvest and threaten some recently sown wheat crops. 

Price movements were limited amid uncertainty over progress in talks between Washington and Beijing to resolve a trade dispute that has disrupted flows of agricultural goods. 

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