Soybean Prices Surge, Exports Slow
Update: 2025-11-11
Description
Soybean prices surged on November 11th, with gains ranging from 13 to 15 cents across most contracts, as the market responds to various global agricultural factors. Despite these gains, cash bean prices dropped by 12.75 cents to $10.5675. Soymeal and soy oil futures also saw increases. Soybean export shipments for the week ending November 6th totaled over 1 million metric tons, a 10.5% increase from the previous week but a significant 53.9% decrease from the same week last year. Chinas absence from top destinations due to higher Brazilian offers may impact future global supply.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
