European soybean meal prices rise, tracking stronger CBOT futures

European soybean meal prices rose Feb. 5, tracking gains in Chicago Board of Trade futures. The futures rose after US President Donald Trump said in a Truth Social post Feb. 5 that China had agreed to buy additional volumes of US soybeans in the current season. According to media reports, China may purchase 20 million metric tons of US soybeans in the current season despite cheaper BrazilianEuropean soybean meal prices rose Feb. 5, tracking gains in Chicago Board of Trade futures. The futures rose after US President Donald Trump said in a Truth Social post Feb. 5 that China had agreed to buy additional volumes of US soybeans in the current season. According to media reports, China may purchase 20 million metric tons of US soybeans in the current season despite cheaper BrazilianRead More