Soy and rapeseed prices under pressure

The warning signs for soy were there at the beginning of this week. Prices came under pressure as a result of various factors. Rapeseed prices fell along with it. US/China relations US President Joe Biden’s support for Taiwan is fueling new tensions in US-China relations. And since China is normally a major buyer of US soy, this resulted directly in price pressure. On top of that, a prosperous soybean sowing in the US is making for a more optimistic view of harvest expectations. SOY Soy