Record American soybean yield decreased soybean prices
The price for soybeans dropped to 8.14 USD at the Chicago stock exchange, which is an almost ten year negative record – Világgazdaság Online wrote.
The price peaked in August 2012 at 17.8 USD per 36.35 liters. Since then the price falls with minor adjustments. At the end of February this year, the course was over 10.7 USD, but by mid-July the price of soy fell by 23 percent. (vg.hu)
Related news
EU-US tariff war: tariffs are bad for companies, even worse for consumers
European Commission President Ursula von der Leyen has expressed regret…
Read more >Egg shortage in the United States: Major retail chains have introduced restrictions
The bird flu outbreak in the United States is becoming…
Read more >This decision affects the entire soybean market
Chinese authorities have suspended soybean exports from five Brazilian companies…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >