In Europe and America, the past week saw more price drops than increases in the commodity markets. In Chicago, wheat became 4.7 percent cheaper, soybeans 2.6 percent, and rapeseed 3.9 percent, while corn prices increased by 2.7 percent. In Europe, milling wheat became 1.2 percent cheaper, rapeseed 4.5 percent, while corn increased by 0.4 percent and feed wheat by 0.3 percent. Soybean futures markets are heading towards the low point of the current downward trend, according to analysts. "Soybeans are still in a liquidation mode, and prices are expected to remain under pressure until this process ends," said Doug Bergman, a member of RCM Alternatives. "No one knows when the downward movement will end, but we may be close in terms of both time and price." The United States Department of Agriculture (USDA) reported the sale of 134,000 tons of soybeans to China for shipment in the 2025/26 marketing year. Wheat futures prices rose for the second time on Friday following significant ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.