Soybeans Rise to 2-Month High in Commodity News 07/02/2026 Soybean futures in the US extended their rally to $11.15 per bushel in February, the highest in two months, on renewed interest in US soybean shipments from China. President Donald Trump stated that China would lift purchases of domestic soybeans to 20 million tonnes this year and 25 million tonnes in the upcoming year. The measures signal the attempt by Trump to engage support for farmers after China shunned US grain following the trade war between both countries. The pledges could drive Chinese consumers to pay premiums on 8 million tonnes of the orders when compared to cheaper South American alternatives, especially due to the strong Brazilian harvest. Ample supply from Brazil, the world’s top producer, drove US premiums over CBOT contracts to hover nearly double those from Brazilian benchmarks. Source: Trading Economics 2026-02-07 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share