Soybean prices rise but hold close to multiyear lows amid US-China trade war

AP/Andrew DeMillo

• Soybean prices rose 1% on Tuesday.
• Markets are weighing expectations for a smaller-than-expected autumn harvest with trade war escalations.
• Watch soybeans trade in real time here.

Soybean futures rose Tuesday after disappointing US crop data. But prices held close to multiyear lows as escalations in the trade war between the US and China, the world's largest importer of soy, showed no signs of letting up. 

Soybeans were up as much as 1% to $8.90 a bushel at 1:45 p.m. ET after the Department of Agriculture reported crop conditions that were below market estimates Monday, raising concern that there could be a smaller-than-expected autumn harvest. See the rest of the story at Business Insider

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