08.
09.20
06:29

CBoT soybean prices have been rising non-stop for 11 trading days

The soybean prices on the derivatives exchange in Chicago have been rising for eleven days. We are currently trading at the highest level since June 2018. China's imports are driving up prices in the USA.
Since storms with heavy rain are threatening again in China, the demand is increasing even further.
Yesterday, the USDA confirmed sales by US private exporters to China for 318,000 tons and 175,000 tons of soybean meal to the Philippines.
In China people fear for food safety and buy huge quantities of corn and soybeans on the world market.

Source
Hansa Terminhandel GmbH
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