Soybean market awaits EU decision on deforestation

currently trading without significant changes until December. For most European players, the introduction of the EUDR regulation is seen as a supporting factor for soybean prices, especially non-GM. The Italian market currently shows a €15-20 spread between GM and non-GM soybeans. Over the past week, soybean prices have increased by $2-5 on the Ukrainian market. The spot price index for GM soybeans for export with delivery within 30 days has increased by $3 excluding VAT compared to Friday last week – to $397/t. The price is given for the basic export quality of GM soybeans on the terms of the Odesa CPT. The spot price index of GM ...