- 28 Dec, 2018
- United States
CHICAGO, Dec. 26 (Xinhua) -- Chicago Board of Trade (CBOT) soybean futures closed down over one percent on Wednesday, mostly on concerns about demand amid few signs of new demand from China.
According to U.S. Department of Agriculture (USDA), China purchased more than 2.7 million metric tons of U.S. soybeans in the past two weeks. Traders had expected that China would buy more soybeans, market watchers said.
U.S. farmers hope China will buy other farm products, such as corn and grain sorgh