CBOT soybeans end higher on slippery crop conditions, weather concerns

On June 14, according to media reports, the Chicago Board of Trade (CBOT) soybean futures market closed up on Tuesday, with the benchmark period closing up about 1.90%, the highest point in a month. Uncertainty about the weather situation in China has triggered short covering.

An analyst said that although it is the beginning of the growing season, the good-to-excellent rate of soybeans in the United States has dropped by three points, which is supportive for soybean prices.