Chicago Board of Trade soybean futures jumped to their highest level in about a month on Thursday on spillover strength from rallying vegetable oil markets, traders said.
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
Chicago Board of Trade soybean and corn futures edged higher on Tuesday as traders adjusted positions and moved to the sidelines while awaiting results from the U.S. presidential election.
Chicago Board of Trade corn and soybean futures rose on improved U.S. export demand, analysts said, as the Department of Agriculture confirmed more sales on Monday.
Chicago Board of Trade soybean futures rose on Wednesday after a four-session slide, amid strength in crude oil markets and signs of continued U.S. export demand for the oilseeds, market analysts said.
Chicago wheat futures climbed on Tuesday after the U.S. Department of Agriculture reported that the U.S. winter wheat crop was in worse condition than the trade had expected, according to analysts.
Chicago Board of Trade soybean futures fell on Monday as crude oil prices dipped and harvest pressure dragged down soy and corn prices, market analysts said.
Chicago Board of Trade soybean and corn futures fell on Friday, as hefty supply from a rapid U.S. harvest weighed heavily over contracts, market analysts said.
Chicago soybean futures edged higher on Wednesday as U.S. Vice President Kamala Harris' lead over Republican challenger Donald Trump in some election polls calmed concerns that a trade war with China could heat up, according to analysts.