Soybeans fell in price amid the aggravation of the US trade war last week

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UkrAgroConsult

CBOT soybean fell over March 28-April 3. Soybean decreased by USc 5.20 to 1011.40 USc per bushel during the week.

The fall in crude oil prices, which dragged down the vegetable oil market, increased pressure on the US soybean price. However, the main factor that negatively affected soybeans was the introduction of additional duties on China and Beijing’s retaliatory strike against the US soybean trade.

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