CBOT soybeans fell more than 2% as the outlook for a high yield of US beans brightened

Gold Ten Futures, August 23rd, according to foreign media reports, on Thursday, CBOT soybean futures closed down as crop inspection results solidified expectations of a bumper U.S. crop. The U.S. Department of Agriculture released another soybean sale to China on Thursday, which is also the fourth consecutive day to announce exports to China. But the strong potential of U.S. soybean production per unit, coupled with competition from cheap crops in South America, has clouded the demand outlook. According to ProFarmer's third-day inspection results, the number of pods in Illinois is the highest since 2000, and the number of pods in western Iowa is also higher than average. More than 9,000 Canadian rail union workers were shut down on Thursday morning. Industry insiders said that this had a limited impact on CBOT futures. Analysts said that more attention was paid to crop inspection and yield potential than the rail shutdown in Canada.