Commodity

US soybeans

US soybeans are a commodity, specifically a type of legume grown in the United States that is a major agricultural export, primarily used for animal feed, food products, and biofuel.

Why it’s in the news: They are in the news due to significant, recent bulk purchases by China, a major importer, and potential deals involving frozen Iranian assets.

Latest on US soybeans

  • China buys at least 10 more cargoes of US soybeans, traders say
  • Chinese buyers acquire US soybeans for October-November, traders say
  • Frozen Iranian assets could be used to buy US soybeans in ‘classic Trump deal’: Vance
  • China has bought at least another 10 cargoes of US soybeans
  • State-run buyer Sinograin bought 10 to 15 cargoes

Connections

4 entities linked to US soybeans across the news graph.