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AMIS Market Monitor

last release: June 2018

International Prices

Average global soybean prices retreated during May in two-sided activity, mainly shaped by ongoing uncertainty about the future trade relationship between the US and China. However, more recently, trade relations appeared to have shown some improvement, which weighed on market sentiment in Brazil as demand was seen possibly reverting to the US. A strike by truckers in Brazil interrupted movement of supplies to ports and processors. Price declines were contained by unfavourable crop prospects in Argentina.