Soybeans fall, wheat rises in CBOT morning session

Source: Xinhua| 2018-06-08 00:11:53|Editor: huaxia
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CHICAGO, June 7 (Xinhua) -- Chicago Board of Trade (CBOT) soybean futures continued to fall on Thursday morning over uncertainty surrounding the U.S.-China trade talks.

As of 1459 GMT, July soybeans was down 7.25 cents at 9.87 dollars per bushel while July corn was up 0.75 cent at 3.79 dollars and July wheat up 12.75 cents at 5.325 dollars per bushel.

China is top buyer of U.S. soybeans. If the two sides can solve their trade disputes, American farmers will be able to sell more soybeans to Chinese market.

Unfavorable weather conditions in some key wheat growing regions, such as Black Sea areas and parts of Australia, have pushed up the prices of CBOT wheat for two consecutive sessions and the uptrend sustained on Thursday morning. Enditem

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