CBOT soybean futures ended higher as markets focused on hot weather in the eastern U.S. corn belt
2024-06-18 23:08:28
Golden Ten Futures, June 19, according to foreign media reports, CBOT soybean futures closed higher on Tuesday, rebounding after two consecutive days of losses. After the US Department of Agriculture reported that it downgraded the US crop rating, investors tracked the situation in the eastern corn planting belt swept by the heat wave. Agricultural experts said that this week's hot weather in parts of the US Midwest has raised concerns about corn and soybean crops in the eastern US corn belt, although the duration of the hot weather is expected to have limited impact on plants still in the growing stage.
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