A lower price for soybean expected in 2013

Nota 2

As a consequence of the information made available regarding South American crops, mainly in Argentina and Brazil, the international oilseed price is likely to go down.

Specialists say its exchange value may go down up to 17% in 2013, to approximately $434 per ton.

American analyst, Anne Frick, went further and claimed that “without dryness in the U.S., by November soybean in the Chicago Market may be valued at $ 344 a ton.”

Source: Infocampo

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