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CBOT soybean futures hit another near four-year low on a supply glut and farmer selling

Gold Ten Futures, August 9, according to foreign media reports, CBOT soybean futures fell on Thursday, with the base period closing down about 1.1%. After a week, it once again set a new low of nearly four years. Traders said that the global supply glut, farmers selling and expectations for a bumper U.S. soybean harvest continued to cast a shadow over the market. Traders adjusted their positions ahead of the release of the U.S. Department of Agriculture's (USDA) monthly global supply and demand ...

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2024-08-08 23:42:30
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