Sunday, 1 Jun 2025
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Subscribe
Brinks Report
  • Featured
  • Money Matters
  • Business
  • IPL
  • Technology
  • Automobile
  • Entertainment
  • Sports
  • More
    • People
    • World
    • Health and Wellness
    • Horoscope
  • Today’s News
  • 🔥
  • World
  • Business
  • Economy
  • Technology
  • Automobile
  • IPL
  • People
  • Sports
  • IPL 2025
  • Entertainment
Font ResizerAa
Brinks ReportBrinks Report
Search
  • Featured
  • Money Matters
  • Business
  • IPL
  • Technology
  • Automobile
  • Entertainment
  • Sports
  • More
    • People
    • World
    • Health and Wellness
    • Horoscope
  • Today’s News
Have an existing account? Sign In
Follow US
© 2024-2025 Brinks Report. All content, including text, images, and other media, is copyrighted.
Brinks Report > Blog > World > Chicago Soybeans and Wheat Prices Rise on Trade Deal Hopes and US-China Talks
World

Chicago Soybeans and Wheat Prices Rise on Trade Deal Hopes and US-China Talks

Ankita Das
Last updated: May 8, 2025 11:37 am
Ankita Das
Share
Chicago soybeans and wheat prices rise on trade deal hopes and us-china talks
SHARE
Trulli

Soybean and wheat prices went up on Thursday after U.S. President Donald Trump hinted at a potential trade deal with an unknown country. Investor confidence also grew with the upcoming U.S.-China talks in Switzerland.

The most active soybean contract on the Chicago Board of Trade (CBOT) increased by 0.19%, reaching $10.41 a bushel, recovering from three days of losses. Wheat prices went up by 0.23%, reaching $5.36 a bushel.

Trulli

Also Read: Q4 Performance: Coal India Posts 12% Jump in Q4 Earnings and Shares Rises 1.7%

Trump said late on Wednesday that he would announce details of a “major trade deal with representatives of a big, highly respected country.” The New York Times reported that the deal is with Britain. Markets are also paying close attention to the upcoming U.S.-China talks, especially after the announcement that U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China’s top economic official, He Lifeng, in Switzerland this weekend.

Images 46

However, some concerns arose after Trump said on Wednesday that he wouldn’t reduce tariffs on Chinese goods ahead of the talks. In response, China’s embassy in Washington stated that the U.S. should stop pressuring China.

China, the world’s largest importer of soybeans, buys a large portion of U.S. soybean exports. Meanwhile, in Brazil, soybean exports could fall by 900,000 tons in May compared to April and May of last year, despite a record harvest.

Also See: United Breweries Leads Market Growth with 5% Volume Increase and 20% Profit Jump!

Good weather in the U.S. Midwest is helping farmers plant corn and soybeans without issues, while rain in the Black Sea wheat-growing region is putting pressure on wheat prices. Corn prices stayed flat at $4.49 per bushel, near a one-month low, due to favorable weather and an upcoming corn harvest in Brazil.

Markets are also reacting to the Federal Reserve’s decision to keep interest rates unchanged and are waiting for the U.S. Department of Agriculture’s (USDA) report on Monday, which will provide the first supply and demand estimates for 2026, including the effects of tariffs.

Image Slider
Image 1 Image 2 Image 3
TAGGED:Agriculture newsChicago Board of Trademarket trendsSoybeansUS-China tradeWheat
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
What do you think?
Love0
Sad0
Happy0
Joy0
Sleepy0
Angry0
Surprise0
Previous Article Rafale Rafale vs F-16: How India Outshines Pakistan’s Military
Next Article Blue star q4 profit up 21% from last year; announces ₹9 dividend per share Blue Star Q4 Results: Profit Up 21% from Last Year and also Announced ₹9 Dividend Per Share
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Brink’s Report delivers fresh, unbiased, and engaging content across politics, business, tech, entertainment, and more. From breaking news to deep dives, we keep you informed—and intrigued—with accurate reporting and diverse perspectives. Explore the world, one story at a time.
FacebookLike
XFollow
RSS FeedFollow
Ad image

You Might Also Like

Chinese e-commerce offers big discounts on iphone 16 models"
WorldGadget Stories

Big Discounts on iPhone 16 in China Ahead of Shopping Festival

By
Ankita Das
Us launches over 10 strikes in yemen: targets houthi rebels in 24 hours
World

US Launches Over 10 Strikes in Yemen: Targets Houthi Rebels in 24 Hours

By
Dolon Mondal
Train derails after bridge collapse in russia, 7 dead
World

Lives Lost in an Instant: Bridge Collapse Derails Train, Leaving 7 Dead in Western Russia

By
Ankita Das
Bsf constable returns after 3 weeks in pakistan detention
World

After 3 Weeks in Pakistan Custody, BSF Constable Shaw Has Returned to India

By
Ankita Das
Ad image

About US


Brink’s Report delivers fresh, unbiased, and engaging content across politics, business, tech, entertainment, and more. From breaking news to deep dives, we keep you informed—and intrigued—with accurate reporting and diverse perspectives. Explore the world, one story at a time.

Top Categories
  • World
  • Business
  • Economy
  • Technology
Usefull Links
  • Contact Us
  • About Us
  • Privacy Policy
  • DMCA

© 2024-2025 Brinks Report. All content, including text, images, and other media, is copyrighted.