• One 5,000-ton contract traded at $1.10/bushel over August CBOT futures, and another for October traded at $1.15/bushel over November futures
    • Seller was Olam Europe BV and buyer was ETG, SCB says
    • Brazil has widened its lead as the world’s top soybean exporter, and its prices have become less correlated with U.S. oilseed as Trump’s trade war with China roils global trade flows, spurring a need for new hedging products, Thebaut-Fries says by phone
    • NOTE: Commodity Broker SCB Trades Its First Thai Rice Swap


To contact the reporters on this story:

    • Megan Durisin in London at mdurisin1@bloomberg.net
    • Isis Almeida in Chicago at ialmeida3@bloomberg.net


To contact the editors responsible for this story:

  • Lynn Thomasson at lthomasson@bloomberg.net
  • Millie Munshi, Patrick McKiernan