The price of soybeans has risen by more than 4% due to the global movement of commodity prices caused by the impact of the war in the Middle East. May contracts rise to $444, while July contracts rise to $449 and November contracts to $424. The trend also includes wheat, which is up more than 1%. In May, it is worth $227, in July $231, and in September $235. Meanwhile, the increase in corn prices approaches 2%.
Soybean Price Rises in Argentina Amid Middle East War
Argentina's soybean price rose over 4% due to global commodity price movements from the Middle East war. Wheat and corn prices also increased.