Soybean| Several Asian traders and end-users

May 16, 2016 10:44 AM | Skymet Weather Team

Several Asian traders and end-users of soymeal will be forced to pay sharply more for the key animal feed ingredient after being wrong-footed by an almost 40-percent surge in prices in less than a month. Crop-damaging rains in major soy grower Argentina and a drop in potential US plantings began pushing prices higher from early April.

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