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Soybeans Hit 2-Month Low as Lula’s Win Lifts China Trade Outlook

Bloomberg Markets Monday 26 October 2026, 03:18 UTC By Hallie Gu 1 min read
Key Points

Chicago soybean futures fell to a two-month low after Lula’s presidential win in Brazil raised expectations of closer ties with China, potentially eroding the US share of the world’s biggest soybean import market.

Chicago soybean futures fell to a two-month low after Lula’s presidential win in Brazil raised expectations of closer ties with China, potentially eroding the US share of the world’s biggest soybean import market.
Lula (PERSON) Win Lifts China Trade Outlook (ORG) Chicago (LOCATION) Brazil (LOCATION) China (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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