Reported 2 days ago
On Wednesday morning, soybean prices increased by 5 to 6 cents after a drop the previous day. Despite settling lower on Tuesday, futures showed signs of recovery. The new crop cash bean price fell slightly to $9.76 3/4, while soymeal futures gained 30 cents, reaching $3.30/ton. Additionally, the US and Japan announced a trade agreement, with tariffs set at 15% starting August 1, and Japan is expected to boost agricultural imports.
Source: YAHOO