U.S. white wheat growers cash in as China snaps up supplies
The purchases are the latest disruption in commodities markets caused by Chinese buying of grains and oilseeds during the coronavirus pandemic, pushing prices of major commodity crops to multi-year highs.
GRAINS-U.S. soybeans, corn, wheat rally; below recent peaks
U.S. soybean futures rose 1.7% on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on Tuesday, traders said.
