Ölsaaten Cockpit, 08.11.2019

Opposing impulses determine the sale of the soybean prices in the current trading week, so that the US quotations ended yesterday's trading day at the equivalent of 305 EUR / t only 1 EUR / t above the previous week's line. Bullish is the hope for progress in trade talks between China and the US. As part of the so-called Phase 1 trade agreement, the Chinese are currently trying to persuade...

Expert Opinion: 

Progress in trade talks between China and the US is underpinning, but the currently swift US soybean harvest and improved sowing conditions in Brazil are dampening price performance.