Soybean prices on Chicago Mercantile Exchange - CME surged, driven by weather-related delays in Brazil and continued strong demand from China. The November contract for soybeans increased by €0.025/kg, closing at €0.359/kg. Drought in Brazil has delayed planting in several key growing areas, negatively affecting global supply outlooks.

Meanwhile, China's strong demand continues to push prices higher. This could lead to further price volatility in the international soybean market in the coming weeks.





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