The international price of soybeans reached a record of $430 per ton

Soybean futures contracts continue their bullish rally, yesterday in the Chicago market closed at $429.8 a ton, a rise of more than $6 from the previous day. The March 2021 contract surpassed $431, a value not seen in at least six years. In Argentina, the oilseed was offered at $347 per ton, showing much higher costs concerning the pre-pandemic. Local producers still have about 15 million tons unsold from the 2019/20 campaign.

Source: Ámbito