Commodities
Soy Poised for Worst Week Since 2024 as US-China Meeting Delayed
China customs data showed 1.45 million tons of US soybeans arrived last month.
Photographer: Clayton Steward/BloombergSoybean futures were headed for the biggest weekly decline since July 2024 as American exports once again stall after US President Donald Trump postponed his meeting with Chinese counterpart Xi Jinping.
While a wave of US soybeans arrived in China during February, fresh orders have since slowed, and uncertainty about demand going forward or when the two leaders will meet again is now weighing on the market.