Soybean futures headed for the longest rally since March 2012 on signs of rising demand from China, the world’s largest buyer. * Soybean gained 1.3% to $15.1425/bu * Corn futures rose 0.3% to $5.325/b on CBOT * Wheat futures gained 1.8% to $7.0075/b
After spells of record rain delayed planting and harvesting, at least one international customer is now complaining about the poor quality of U.S. corn.
American farmers already stung by President Donald Trump’s trade wars now face billions of dollars in potential losses as controversial data from the U.S. government snuffs out a rally in corn.
A lawsuit claiming Monsanto Co.’s popular weed killer Roundup causes cancer was dealt a blow by a judge’s conclusions that the opinions of the experts testifying against it are “shaky,” a potentially devastating development for the case getting to trial.
