Soybean prices rose in the US market last week
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Last Update: 2001-11-27
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Source: Internet
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Author: User
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Lead: London News: US soybean prices continued to rise in the week ended November 23 as demand for soybean oil increased On the Chicago Board of trade, the price of a bushel of soybeans (delivered in January) rose to $4.500 from $4.4675 a week earlier But the price of soybean meal for livestock feed (delivery in December) fell to $163.30 a tonne from $165.60 a week ago Analysts believe that due to the decline in sunflower and rapeseed production in Canada and Europe, as well as the decline in palm oil production in Malaysia, the demand for soybean oil in the international market has increased, which has contributed to soybean prices (author:) share to feed Weibo share to:
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