Chicago soybeans head for first annual gain in three years on Chinas return

Key Highlights

• FUNDAMENTALS * The most-active soybean contract on the Chicago Board of Trade is up 5.12% in 2025.
• Wheat has given up 7.4% this year, while corn is down almost 4%.
• * As of 0209 GMT, corn inched up 0.06% to $4.40-3/4 a bushel, wheat dropped 0.1% to $5.10-1/4 a bushel and soybeans gained 0.02% at $10.62-1/2 a bushel.
• * Traders have been closely monitoring Chinese buying activity and shipment flows following trade talks with the United States.
• The White House said Beijing had pledged to buy 12 million metric tons of soybeans by the end of the year.