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
Hungarian-American agricultural diplomacy is experiencing a golden age
Hungarian-American bilateral relations are growing stronger, whether it is politics,…
Read more >Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >The EU is looking for new markets for the food industry
The loss of the American market poses a serious challenge…
Read more >Related news
Introducing the AI Guide for Media and Marketing Communications
The first comprehensive Hungarian AI handbook was prepared in an…
Read more >Hungarian Spirits Industry Association and Product Council: On average, Hungarians consume more than two drinks at a time
According to the results of a recent, representative survey* commissioned…
Read more >Nestlé’s coffee brand surpasses regenerative agriculture goal for 2025
Nescafé said it sourced close to a third of its beans…
Read more >