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GRAINS-Soybeans edge higher as soyoil rises on Middle East tensions

Chicago soybean futures rose slightly as soyoil prices increased due to U.S. strike on Iranian nuclear facilities, while wheat and corn prices dipped. Oil prices surged after the attack, boosting soyoil used in biofuels. China's soybean imports from Brazil and the U.S. rose, while favourable weather in the Midwest pressured prices.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14837271/GRAINS-Soybeans-edge-higher-soyoil-rises-Middle-East-tensions.html
Source Id: 8736752318

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