Page 9 - Soy Beans News Today : Breaking News, Live Updates & Top Stories | Vimarsana

You talk about oil prices running up. take a look at wheat and corn and soy beans. that is in this short period, the run up that will not stop. take a look at what happened to oil today. up better than $8 this week along. this week along up 26% since before the crisis, it is effectively doubled. no wonder all the major market averages were down. that's the fourth straight down week for stocks all because we don't know where this is going. we just know where prices are going. they're going more after this. (johnny cash) ♪ i've traveled every road in this here land! ♪ ♪ i've been everywher...

More representative market average and reflects the rest of investment in stocks and companies in this country fell further in correction territory today. the nasdaq isn't all that far. technology names like apple and tesla and amazon and microsoft, very close to a decline of 20% from its highs. that would be deemed a bear market. i only mention that because even though all of this stuff is half a world away, it's a very real financial concern as has been something startling going on for prices of wheat and milk and soy beans and barley, all of that stuff traded in the commodity markets. they'...

That is we all focus on oil and natural gas and all that stuff. i want you to focus instead on things you don't put in your car, but you do put in your belly. you do put in things like that really mat area great deal. but the wheat part, the corn part. lumber a separate story. what we're seeing happening right now because they're volatile day by day, but this year alone, oil up better than 43%. agricultural commodities themselves, wheat, barley and soy beans, they're volatile but going up double digits. not only do you have to worry about what is going on at the bump buts will the grocery stor...

As a versatile legume, the soybean is a common cash crop that produces twice as much yield per acre as most other vegetables or grains.

More expensive. this morning oil prices jumped to the highest in seven years. costing $82 a barrel for the first time since 2014. prices are spiking on supply shortages. it's not just oil and gas. cotton and corn are the most expensive in a decade. aluminum is the most pricy in 13 years. steel and soy beans have never cost as much. the rally in commodities has people nervous and lower growth, which is being made worse by supply bottle necks and the congestion at u.s. ports. the port of savannah has 80,000 containers piled up. 50% above the average. a problem that is affecting many other ports ...