Rising prices for domestic export market of soybeans

the Trend of increasing demand and rising price of soy on world markets similarly affected the domestic market of the export of oilseeds. The main reason for this situation became unfavorable prognosis for further decline of the future of the Argentine soybean crop, which is due to the April floods and excessive rain can decrease it is estimated that 9 million tons.

As of may 06 export price demand for soybeans is in the range of 345-360 $/tonne on CPT basis and depends on the quality indicators and the oil port of shipment. Recall that a week before that the purchase price of soybeans has fluctuated between 335-355 $/ton on the terms of CPT.