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Oilseeds daily: soy complex declines significantly

April 28, 2021 at 2:03 PM , Der AUDITOR
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CHICAGO/HAMBURG. Market and price trends with trade assessments. The oilseed market is very volatile, but with significant price corrections for the new crop. Sunflower oil decreases because it is too expensive.

Soybeans: Brazil to export 17 million mt of soybeans in April

US soybeans closed with some losses in Chicago last night. Soybeans are also trading in the red in Asia. Profit-taking by US investment funds was the main factor. Recent export figures had a dampening effect. The export inspection was again poor with 233,911 mt of US soybeans compared to 222,065 tonnes. The trade also expects US soybean acreage to rise above USDA forecasts. Rising temperatures and rainfall are expected in the Midwest this week. The Brazilian soybean harvest is&nbs

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