Chinese Demand Could Help Soybean, Corn Prices Stay Afloat
July 09, 2024 at 09:45 AM EDT
As the second largest economy continues to struggle from the aftermath of a real estate development crisis, China’s demand for agricultural commodities should help keep soybean and corn prices afloat. The U.S. soybean market, in particular, could see increased soybean demand from China. This comes after an executive order by Brazil President Luiz Inacio Lula [...] The post Chinese Demand Could Help Soybean, Corn Prices Stay Afloat appeared first on ETF Trends .