(Bloomberg) -- Soybeans fell to a four-week low in
Chicago on speculation higher prices and a fatal hog disease
will curb sales to China, the world's largest buyer of the
oilseed used to make animal feed and vegetable oil.
China's soybean imports may drop 1.4 percent to
27.9 million metric tons in the year through August, from
28.3 million tons a year ago, Shanghai JC Intelligence Co. said
yesterday in a report. The U.S. Department of Agriculture
forecast July 11 that exports to China would rise to 30 million
tons this year and 34.4 million next year.
Read more at Bloomberg Commodities News
Chicago on speculation higher prices and a fatal hog disease
will curb sales to China, the world's largest buyer of the
oilseed used to make animal feed and vegetable oil.
China's soybean imports may drop 1.4 percent to
27.9 million metric tons in the year through August, from
28.3 million tons a year ago, Shanghai JC Intelligence Co. said
yesterday in a report. The U.S. Department of Agriculture
forecast July 11 that exports to China would rise to 30 million
tons this year and 34.4 million next year.
Read more at Bloomberg Commodities News
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