The price of soybeans on the Chicago Grain Exchange recorded a drop of 7.00 cents in the November/16 contract on Wednesday (28.09), closing at US$ 9.455 per bushel. The January/17 contract also fell by 6.75 Dollar cents, while the March/17 contract depreciated by 7.00 Dollar cents.
In another day of high volatility, the North American soybean market closed the session giving back the gains made yesterday in the main futures prices. The weather once again favored harvesting work for the 2016/17 harvest, and oilseeds could fall to even lower levels.
Source: Agrolink
