Trade disruptions and heavy production have put pressure on soybean prices, but demand growth will help maintain balance.
An oilseeds analyst says this year’s harvest, combined with a problem free 2019 South American growing season, will result in huge stocks of soybeans.
“We’re going have a lot more soybeans than we’re probably be able to move,” said John Baize, pointing out that USDA projections of 785 million bushels of stored U.S.
Continue reading Analyst: Demand will carry the day for soybeans at Brownfield Ag News.
