Argentina's soybean demand is weak, with prices falling for the third consecutive day

Introduction: Buenos Aires, May 16: soybean prices in Argentina fell for the third consecutive trading day on Thursday due to weak demand from exporters Traders say exporters are trying to stop soybean prices rising They need to purchase more than in the near future, but although there are several buyers in the market at present, the overall mentality is very cautious In Rosario, soybean prices fell 5 pesos per ton, from 420 pesos to 425 pesos, or $128 to $129.60, and in Bahia Blanca from 425 to 430 pesos In quequequequen, soybean prices were flat at 415 pesos But in Buenos Aires, soybean prices rose 5 pesos and buyers showed more interest in the 420 Peso offer Traders are concerned about the unusual supply of soybeans at the port, which is supposed to be the peak export season for soybeans and corn Farmers are still reluctant to sell because of economic uncertainty Corn prices are stable and deals are low Farmers are reluctant to sell and support prices, but demand is not strong enough to push prices higher In Rosario, corn prices stabilized at 237-240 pesos per ton, while in Bahia Branca and quequequen, they were at 240 pesos per ton In Buenos Aires, 240 pesos per ton were reported The export price of wheat fell and the transaction was quiet In Rosario, the price of wheat exports fell 20 pesos to 330 pesos per ton In Bahia Branca and quequequequen, the price per ton fell 10 to 20 pesos, and the counter price was 350-360 pesos per ton (author:) share to feed Weibo share to: