Soybean Market Under Pressure – China’s Auction in Focus
Current Prices
Soybean prices on the CME fell to €0.359/kg.Forecast
The soybean market may experience additional volatility due to China's planned auction of 239,000 tons on October 16th. Faster harvest rates in the U.S. and declining vegetable oil prices will likely continue weighing on the market.Click here to reach our trading platfrom CMBroker