Soybeans rose 27% in one year to $420 per ton

The international price of soybeans on the Chicago exchange reached $420 per ton and will leave $2.7 billion more, despite a lower production forecast. The oilseed complex would contribute more than $20 billion to the economy if the values are maintained, and the government will collect $5.4 billion in withholding taxes, $700 million more than expected.