Oilseeds record significant price gains

Soy in Chicago and rapeseed in Paris were up about 7-8% at the beginning of the week compared to the middle of last week. In particular, a new report from the US Department of Agriculture (USDA) on soybean sowing in the United States gave impetus to higher prices. In March of this year, the USDA still assumed that the acreage of soybeans would increase slightly compared to last year. The new report from late last week shows the opposite to be true. Instead of slightly more soy, Americans are