The prices of the CBoT soybean futures can easily rebound this morning due to strong demand from China. The best weather conditions in the US growing regions limit the increase.
Traders in Singapore find that Brazil, as China's soybean supplier, will fail in Q4 / 20. That is why there are currently large orders for US beans every day. China is currently buying more soybeans in the United States than in Brazil.
The USDA yesterday, to the surprise of analysts, ranked 72% of the US soybean field holdings in the top "good-to-excellent" category. Last week it was 70%. 
Source
Hansa Terminhandel GmbH
