Soybean prices remain high

Soybean prices remain at a high level. The International Grains Council (IGC) soybean price index stood at 341 points on June 6 (January 2000 = 100) around the same level as at the end of May. Compared to a year earlier, the price index is 15% higher. The soy price index is a measure of soy prices in the world. Soybean quotes on the Chicago futures market recovered cautiously last week after falling prices on the last trading day in May. In addition t