Soybeans Jump as Trump Urges China to Quadruple US Buying

Trump Urges China to Massively Step Up Soybean Purchases

US President Donald Trump said he hopes China will massively step up its purchases of American soybeans, even as China has yet to book any cargoes for the upcoming season.

Soybean futures in Chicago jumped as much as 2.8% on Monday, the biggest intraday gain in four months. Corn and wheat also rose.