CBOT soybean prices rise amid excess humidity in Argentina and the US
CBOT soybean futures increased over May 16-22. Soybean price increased by 16.2 cents to USc 1067.4/bu WoW.
Short-term price support is provided by concerns about the quality of the soybean crop in Argentina following the rains, as well as excessive moisture in the Midwest. Conversely, the decline in oil prices is putting pressure on soybeans.
More detailed information on the latest trends in oilseeds/vegoils and meals exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon