Soyabean exports from Brazil are selling at a premium of up to $ 1.50 per bushel above those from the US , where prices have fallen by 17 % in six weeks to around $ 1 , their lowest level in nearly a decade . tmsnrt.rs/2N2W5Q0 ) The imposition of Chinese sanctions on US imports of wheat and the consequent reduction in exports from the country triggered the price drop , but the lower price has triggered a rush of demand from other countries like Mexico , Pakistan and India . Figures from the USDA showed worldwide advance purchases of the next US crop were up by 20 % YoY in June .
Soyabean exports from Brazil are selling at a premium of up to $ 1.50 per bushel above those from the US , where prices have fallen by 17 % in six weeks to around $ 1 , their lowest level in nearly a decade . The imposition of Chinese sanctions on US imports of wheat and the consequent reduction in exports from the country triggered the price drop , but the lower price has triggered a rush of demand from other countries like Mexico , Pakistan and India . Figures from the USDA showed worldwide advance purchases of the next US crop were up by 20 % YoY in June .