Soybean prices drop on ample supply from Brazil

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World soybean and sbm prices continue to fall on the back of ample global supply. The March Wasde report noted that high supplies from Brazil led to an outpacing of the US in soybean exports, especially to China (a 15% drop yoy) and Japan (a 26% decline yoy). This will lead the US to focus more on s...

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Zahrah Imtiaz
Managing Editor, based in Colombo, Sri Lanka.