Soybean and rapeseed prices remain under pressure

Weather conditions in the United States are favourable for the soybean crop. And to some extent this is putting prices under pressure. The rapeseed quotation is also under pressure. In addition, the harvest is underway in Brazil; this can result in a record production. The IGC price index, a measure of the price of soybeans in the world, fell to 279 points yesterday (April 11) (year 2000 = index 100). The trend for the soybean price has been declining since the first quarter of 2023. Compared