Futures Recap

CBOT soybean futures have continued to rally after a social media post by Trump that China was considering increases purchases of US soybeans by 8 million tons. Chinese futures have had almost no reaction to this. During the day session on Friday, No.2 imported soybeans were unchanged for the day, and up marginally in the evening session. Soybean meal futures have also had basically no reaction to the news. March hog futures continued to fall to new contract lows. Since the National Bureau of St...

 

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