Soybean prices on the rise: Prices react to oil demand
According to StoneX, soybean prices in Chicago have shown a recovery in the last week, with the November contract closing on Friday (August 30) at 1000 cents per bushel, marking a high of 2.8% in the period. This movement occurred despite a broadly bearish outlook, which includes forecasts of a […]
Ethanol expansion forces India to import corn and impacts market
A push by India to produce more corn-based ethanol has turned Asia’s biggest corn exporter into a net importer for the first time in decades, squeezing local poultry producers and disrupting global supply chains. The surge in import demand comes after India increased its […]
