Soybean: the price increase would bring in 37% more foreign currency

Soybean prices continue to rise in the Chicago market, closing at $506 on Friday, and expected to remain at record levels in the medium term thanks to China’s strong demand and the drought affecting Argentina and Brazil. Within this framework, a 37% increase in the soybean complex’s foreign exchange income expected to total just over $22.58 billion, last year’s revenue was $16.48 billion.

Source: Ámbito