Soy: Slight price pressure after last week’s increase

The situation in Ukraine and roadblocks to Brazilian ports are supporting higher soybean prices. The uncertainty about future interest rate hikes in the United States from the Federal Reserve also gave soy prices a boost last week. China’s soy imports fall Demand for soybeans is generally good, leading prices to rise last week. China’s demand for soy may be curtailed as the country pursues a zero-covid policy and has put in place new lockdowns. This may explain why in October’s soy