The price of soybeans continues its upward trend as part of the global movement of commodities due to the impact of the war in the Middle East. Contracts for May rise to $451, for July to $456, and for November to $428. The trend also includes wheat, which is advancing by more than 2%. Meanwhile, the rise in corn prices approaches 2%. According to Noticias Argentinas, the price of soy will be $182 in May, $187 in July, and $193 in December. Other data shows that soy will be worth $221 in May, $225 in July, and $230 in September, recovering from a previous decline.
Soybean Prices Rise Amid Global Commodity Movement
The price of soybeans continues its upward trend due to the global movement of commodities influenced by the war in the Middle East. May contracts rise to $451, July to $456, and November to $428. Wheat also advances by over 2%.