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Markets

soybeans rises, but suspension on some Brazilian cargoes to China weighs

Published January 23, 2025 Updated January 23, 2025 12:14pm
Photo: Reuters
Photo: Reuters
By

BEIJING: Chicago soybeans edged higher on Thursday, supported by concerns that unfavourable weather in South America could impact production, though reports of China halting soybean shipments from five Brazilian firms capped further gains.

Chicago soy, corn futures pause

Corn and wheat eased on technical correction, and as investors assessed US President Donald Trump’s plans to impose tariffs on several trading partners including China and Canada.

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