The prices of the CBoT soybean futures skyrocket again this morning as Chinese purchases of US soybeans support the market. As relations between China and the USA deteriorate again, a trend reversal is not expected.
Soybean and corn prices are also supported by a resurgent demand on the domestic market in the USA. The US feed industry is increasingly ordering these raw materials again after meat consumption has started there. China also bought large quantities of pork in the United States in March. 
Source
Hansa Terminhandel GmbH
