10.
01.17
07:55

Brazilian harvest estimates push soybean prices

Soybean prices on the CBoT fell three times in the last four trading sessions. The pressure comes from the high harvest estimates for Brazil.
Global stocks of grain and oilseeds rise and is little room for fantasies of course. Even though reported in Argentina by difficult weather conditions fundamentally little has changed.
Soybean prices rose yesterday, because in parts of Argentina's soybean growing region, in Central and northeastern Argentina, heavy rain flooded the fields. The rains were so strong that crop damage is expected. Next week, the weather conditions should improve but again.
The USDA reported yesterday that last week even the top expectation of analysts exceeded U.S. exports of soybeans with 1,457 million tons. One came from 1.1 to 1.4 million tons.

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich