Soybean Markets Look Ahead to US-China Summit

Record U.S. soybean crush for biofuel has left fewer beans for export, so every Chinese purchase now tightens the balance sheet harder, says Mike Castle, StoneX Senior Commodities Economist. New crop soybean sales at nearly 600 million bushels represent the strongest pace in four years. Now, all eyes turn to how the impending US China summit may impact the markets. View the full report in the related video.