Soybeans nears three-week low amid subdued commodities outlook


Soybeans price neared a three-week low on Monday as it fell by about one percent on market fears over a trade war between the US and China, which could help swell supplies that are headed towards the highest points ever. The most active soybean futures on the Chicago Board Of Trade were down 0.8 percent […]

Soybeans see fresh lows as trade turf persists


Soybean prices to a near decade low last Friday as United States president, Donald Trump expressed no signs of backing down on threats to impose $200 billion worth of additional tariffs on China, the world’s largest soy importer. Soybeans prices fell to $8.26 a bushel for November delivery, the lowest level since late 2008. Prices […]

Nigeria’s largest rice producing state, Kebbi, targets price slash

One of the largest rice producing states, Kebbi, is set to achieve less than N10,000 drop in the prices of local rice per bag. Its governor, Abubakar Bagudu, said the state’s target will be achieved through a collaboration with farmers and millers under the Federal Government’ Anchor Borrower Programme (ABP). The governor spoke during the […]