Soybeans slid on continuing concerns over demand for US exports as China keeps holding back on purchases from American suppliers.
US Agriculture Secretary Brooke Rollins, speaking in an interview with the Financial Times, signaled an aid packageBloomberg Terminal could soon be announced, with the administration drawing up plans to use tariff revenue to fund a program to support US farmers. That comes as the US harvest is already underway, but crop sales to China remain stalled amid trade tensions. Fresh data on Thursday reiterated that China is still absentBloomberg Terminal from the US soybean market.