CBOT soybeans add to gains during morning session
Xinhua,May 24, 2018 Adjust font size:
CHICAGO, May 23 (Xinhua) -- Chicago Board of Trade (CBOT) soybeans continued to rise on Wednesday morning in anticipation of China's buying more U.S. agricultural products.
As of 1505 GMT, July soybeans were up 4.75 cents at 10.3525 dollars per bushel and July corn was up 1.75 cents at 4.065 U.S. dollars per bushel, while July wheat was up 0.5 cent at 5.22 dollar.
CBOT soybean prices have surged more than 30 cents after the United States and China vowed not to launch a trade war against each other.
Both countries have pledged to meaningfully increase U.S. agricultural exports to China, which is top buyer of U.S. soybeans. Enditem