As of the week ended in May 15th 2015, the
prices in international oilseeds market experienced ups and downs, in which:
the price for soybean in US as well as Argentina fell down, as the demand and
supply data for May provided by US Department of Agriculture is bad news for
soybean market. The seeding of soybean in US progressed smoothly, it is
predicted by private institution that the seeding area of soybean in US is
higher than the expectation of US Department of Agriculture, which also brings
pressure for the market. It is proved by meteorological institutes in various
countries that Nino phenomenon has occurred this year, which indicates the
weather in the soybean growth period would in favor of the soybean growth. This
is also a piece of bad news for the soybean price.