Soybeans closed for less than $ 300 for the first time since 2008

Soybean dropped on Friday market in Chicago and closed below $ 300 for the first time in nearly a decade, as a result of a report from US government has reinforced fears the trade dispute with China will lead to a decline in exports and an increase in stocks

Oilseeds fell 1.9% to $ 299.10, their lowest value since December 2008.

Corn accompanied soybean autumn and also lost 1.9% to $ 1302.02 under additional pressure forecast a favorable climate in much of the agricultural region of the central United States.

fell by only 0.2% to $ 176.92 as the fall in cereal production in the European Union and the Black Sea region caused some concern about at the level of world stocks. [19659005LatensioncommercialeentrelesEtats-UnisetlaChineacontinuéàpesersurlesojaunjouraprèssqueleministèredel'Agriculturearéduitde250millionsdeboisseauxsesprévisionsd'exportationspourlacampagne2018-2019etquelesstocksdéfinitifsserontlesplusimportantsdepuissonenregistrement

China raised tariffs on US soybeans a reprisal week the tariffs imposed by the US on Chinese products

Movements in China to other soybean suppliers, combined with increased oilseed production in Brazil, could limit the long-term demand for soybeans. The biggest buyer in the world

Soybeans for the month of August recorded a 6.7% drop in the week and the sixth weekly decline in seven weeks .

September corn lost 5.3% over the week, while September wheat fell 3.5% over the past five days.