Soybean prices decline amid falling oil prices and slowing US economy
Soybean fell over April 25 – May 2.
Soybeans fell 12.8 cents to 1,040.2 cents per bushel over the week.
Pressure came from oil prices and signs of a slowdown in the US economy. Other bearish factors could be a drop in demand for edible fats from China and favorable planting conditions in the US.
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 and Danube Region is available to subscribers for Online Analytics “Black Sea and Danube 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
Read also
Wheat prices in Ukraine have not changed for three weeks in a row
China resumes US wheat purchases after a yearlong pause
Pulses have strong growth potential – Rabobank
China says foreign intelligence services are trying to obtain genetic data on soyb...
2025/26 season may be unprofitable for Ukrainian oilseed processors
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon