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02 February 202011.42 The negative effects of coronavirus on the economy involve agricultural products, with soybean prices plummeting for 9 days on the Chicago Board of Trade. This was reported by Coldiretti. The price of soybeans on the futures market has fallen by about 10%. In fact, China is the largest consumer of soy in the world and the recent agreement on tariffs with the US is now at risk because it was based precisely on the Chinese commitment to buy more soy from the US. And as the first EU producer, the problem also concerns Italy.Coronavirus, it is shock on agricultural markets
2020-02-02T10:52:08.459Z
11.42 The negative effects of coronavirus on the economy affect agricultural products, with soybean prices plummeting for 9 days on the Chicago Board of Trade. This was reported by Coldiretti. The price of soybeans on the futures market has fallen by about 10%. In fact, China is the largest consumer of soy in the world and the recent agreement on tariffs with the US is now at risk because it was based precisely on the Chinese commitment to buy more soy from the US. And as the first EU producer, the problem also concerns Italy.
Source: rainews