Soybean prices continue to rise in the US market
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Last Update: 2002-04-01
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Source: Internet
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Author: User
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Lead: in the week ending March 15, soybean prices in the U.S market continued to rise last week, according to London news, but the increase was limited by Russia's ban on U.S chicken imports Soybean prices have risen as a result of a preliminary agreement between China and the United States on the export of genetically modified food from the United States to China, while soybean meal prices have been affected by Russia's ban on the import of American chicken due to the use of antibiotics in the poultry industry of the United States On the Chicago Board of trade, the price of a bushel of soybeans (delivered in March) rose to $4.5750 from $4.5150 a week earlier Soybean meal for livestock feed (delivery in March) rose to $158.20 a tonne from $155.90 a week ago.
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