CBOT soybeans plunge again over trade worries

Source: Xinhua| 2018-08-02 00:59:34|Editor: huaxia
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CHICAGO, Aug. 1 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures traded mixed on Wednesday morning, with soybeans falling sharply after a more than three percent surge in the previous session.

As of 1452 GMT, the most active corn contract for December was down 1.5 cents at 3.85 dollars per bushel, and September wheat was up 8.5 cents at 5.6225 dollars per bushel while November soybeans were down 15.25 at 9.0375 dollars per bushel.

After soybean futures rose 3.14 percent on Tuesday, concerns over trade tensions between the United States and China once again dragged down the oil seed prices on Wednesday morning.

Meanwhile, CBOT wheat kept rising amid declining supplies due to extreme weather conditions that impacted many wheat growing countries. Enditem

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