CBOT soyabean futures weaker on virus fears

Chicago Board of Trade soyabean futures ended weaker on Friday on lackluster export demand and broad-based selling linked to worries about the coronavirus slowing the global economy, traders said. The most-active contract ended down 0.2% on the week.

China, the world's top soyabean importer, has granted tariff exemptions for some crushers to import US soyabeans, five sources told Reuters. But Chinese importers are buying soyabeans from Brazil, where prices are cheaper than in the United States, traders said.