Soybean futures rallied on potential buying from China. 2/4/26 скачать в хорошем качестве

Soybean futures rallied on potential buying from China. 2/4/26

Soybean futures experienced a significant surge following discussions between the U.S. and China, raising expectations for increased export demand. March Soybean futures rose 49.5 cents to 1115'2, while May and July contracts also posted gains despite ongoing competition from bumper crops in Brazil and Argentina. Corn futures trended higher, supported by potential increases in biofuel use following Treasury Department comments regarding the 45Z tax credit. March Corn futures settled at 432'6 as option open interest continues to show a strong preference for calls over puts. Conversely, Wheat futures moved lower as a stronger U.S. dollar and improved winter wheat conditions in Kansas offset lingering geopolitical tensions in the Black Sea region. Global supplies remain plentiful, pressuring the March contract down to 522'2. https://www.cmegroup.com/markets/agri... #Soybeans #Corn #Wheat