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Soybean futures declined on Friday despite the announcement of a major export sale to China, as traders anticipate key USDA reports on supply and demand.
Soybean futures surged on Monday, driven by strong indications of renewed buying from China and optimism over a potential trade deal, lifting corn and wheat prices.
Soybean futures surged Monday, climbing over 25 cents on optimism from constructive U.S.-China trade talks and signals of renewed Chinese purchases.
Cocoa prices have fallen to a 20-month low, driven by expectations of increased supply from West Africa and signs of weakening global demand for chocolate.
Soybean prices fell on Thursday morning, erasing some of the previous day's gains, as the market weighs new buying interest against strong export figures from Brazil.
Soybean futures rallied on Tuesday after a social media post from Donald Trump hinted at potential changes to U.S. agricultural trade policy.
