Soybeans Soar as China Demand Boosts Prices
Corn futures rose to $5.33 3/4 in December as fresh technical buying from shorter-term speculators boosted prices.
The soybean complex saw significant gains, with November soybeans reaching a contract and 2.5-year high of $13.32 1/4, while December soybean meal increased by $5.50 to $356.90.
USDA reported daily sales of 272,000 MT of soybeans to China and 206,500 MT of soybeans to unknown destinations during the 2026-27 marketing year.