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EN
Soybeans extend slide as Argentina competition and stalled China demand weigh
['Gus Trompiz']
Zawya.com - All Regional News
Hopes of a resumption in U.S. soybean trade with China were dashed when a call on Friday between U.S. President Donald Trump and Chinese counterpart Xi Jinping brought no news about agricultural commodities.
CBOT corn was unchanged on the day at $4.21-3/4 a bushel.
CBOT wheat ticked down 0.1% to $5.10-1/2 a bushel after hitting its lowest in almost six weeks at $5.07-1/4.
After tepid international demand this month, traders will be watching the outcome of an Algerian wheat tender on Tuesday to gauge export competition.
Prices at 1132 GMT Last Change Pct Move CBOT wheat 510.50 -0.25 -0.05 CBOT corn 421.75 0.00 0.00 CBOT soy 1007.50 -3.50 -0.35 Paris wheat 189.00 0.00 0.00 Paris maize 185.75 0.00 0.00 Paris rapeseed 470.00 -0.75 -0.16 WTI crude oil 62.94 0.66 1.06 Euro/dlr 1.18 0.00 -0.07 Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per metric ton.
['weigh'
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'cbot'
'extend'
'competition'
'wheat'
'trade'
'soybeans'
'demand'
'corn'
'stalled'
'soy'
'slide'
'paris'
'supply'
'000'
'argentina'
'china']