CBOT soybeans fall after four-day rally over trade optimism

0 Comment(s)Print E-mail Xinhua, December 7, 2018
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CHICAGO, Dec. 6 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures traded lower on Thursday morning with soybeans falling sharply after a four-day rally over trade optimism.

As of 1613 GMT, the most active March 2019 corn was down 1 cent at 3.7275 dollars per bushel, March wheat was down 5 cents at 5.13 dollars per bushel. January soybeans were down 8.25 cents at 9.0525 dollars per bushel.

CBOT soybean futures had post significant gains in the past four sessions amid hopes that the United States and China would take measures to ease trade tensions.

As investors pocketed gains, the soybeans snapped the four-day rally. Enditem

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