Soybeans have become spectacularly more expensive in five days

A ton of soybeans gave $ 319.07, a 2.9 percent rally in five days. Favorable news about Chinese acquisitions has thrilled investors. Beijing is buying substantial quantities of U.S. soybeans despite diplomatic tensions between China and the United States sharpening over Hong Kong. Corn prices rose 2.2 percent in five days and ended up at $ 130.85 a tonne of product. Here, increasing U.S. automotive traffic in connection with post-epidemic relief from the coronavirus may have boosted consumer sentiment. As a result of more driving, there is a growing demand for ethanol, which is mainly produced from maize. It wasn’t such a good week for wheat investors here, the $ 189.37 price per tonne was a 0.9 percent minus. Rapeseed prices rose 1.1 percent under one back. Rice prices hit roughly 18.9 per cent during this period, but even in the sugar market, many could enjoy the 10.2 per cent rally, and the 4.2 per cent rise in the price of orange juice is also respectable. Coffee cost 2.7 ...