The CBoT soybean prices record now on a 7-month low. In the United States, record earnings are expected in the second year in a row, while the competition from South America dominated the world market supply in recent weeks with more favourable offers. Brazil consultancy Agroconsult has increased to 96.1 million tonnes of 2014/15 from 95.8 in March raised its forecast for the harvest. From 1 June, threatens a dock strike in Rosario, the Centre of Argentine grain shipment. This is the world's leading loading port for soybean meal and soybean oil.
