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[European soybean meal prices fall due to the end of strike] As workers in the Argentine oilseed industry ended a two-day strike, European spot soybean meal prices fell. Previously, Argentina's main grain port operations were paralyzed due to strikes, hinderingfrugalvideopokerdownloadShipments from the world's largest supplier of soybean products. After the strike ended, soybean meal prices fell quickly, with South American soybean meal quotations rising by US$3 to US$10 per ton from Tuesday, and activities at the Rosario Shipping Center, Argentina's main agricultural product (000061) exporting region, also resumedfrugalvideopokerdownloadIt's normal. On the other hand, the weakness of crude oil prices and the strengthening of the US dollar have also brought downward pressure on soybean meal prices. At the same time, European rapeseed meal prices showed an upward trend, rising by about 4 euros per ton. This is mainly due to market expectations that European rapeseed production will decline in 2024/25 (July to June of the following year).
