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Markets

Soybean futures fall as China looks to Brazil for imports

  • Wheat futures also slipped as concerns that cold weather could damage US and Russian crops eased
Published Updated
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BEIJING: Chicago Board of Trade soybean futures fell on Tuesday as traders anticipated that China, the biggest importer, would ramp up purchases of cheap and plentiful beans from Brazil, potentially dampening demand for US soy.

Soybeans head for weekly gain as stronger Brazilian real boosts US competitiveness

Wheat futures also slipped as concerns that cold weather could damage US and Russian crops eased, and corn edged lower amid ample supply.

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