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GRAINS-Chicago soybeans slip on weak China demand; corn, wheat ease
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GRAINS-Chicago soybeans slip on weak China demand; corn, wheat ease
Aug 17, 2025 6:59 PM

BEIJING, Aug 18 (Reuters) - Chicago soybean futures fell

on Monday, pressured by concerns over export demand as U.S.

trade tensions with top buyer China continued to hang over the

market.

Corn and wheat also edged lower amid abundant global

supplies.

FUNDAMENTALS

* The most active soybean contract on the Chicago Board of

Trade (CBOT) was down 0.58% at $10.36-4/8 per bushel, as

of 0108 GMT.

* Corn slipped 0.86% to $4.02 a bushel, while wheat

dropped 0.43% to $5.24-6/8 a bushel.

* U.S. soybean exporters risk missing out on billions of

dollars worth of sales to China this year as trade talks drag on

and buyers in the top oilseed importer lock in cargoes from

Brazil for shipment during the key U.S. marketing season,

traders said.

* The Pro Farmer Midwest crop tour will estimate corn yields

and gauge soybean production potential across seven U.S. states

this week before issuing its crop outlook on Friday.

* Traders will be monitoring findings after the USDA's

projection last week of a record-smashing U.S. corn harvest and

smaller soybean crop.

* Markets are also monitoring developments following U.S.

President Donald Trump's talks with his Russian counterpart

Vladimir Putin in Alaska over Ukraine. Both Russia and Ukraine

are major grain exporters.

* Commodity funds were net buyers of Chicago Board of Trade

corn, soybean, soyoil and wheat futures contracts on Friday and

net sellers of soymeal futures contracts, traders said.

MARKET NEWS

* Share markets edged higher in Asia on Monday ahead of what

is likely to be an eventful week for U.S. interest rate policy,

while oil prices slipped as risks to Russian supplies seemed to

fade a little.

DATA/EVENTS (GMT)

0430 Japan Tertiary Ind Act NSA June

0900 EU Total Trade Balance SA June

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