Forecast shows need for more soybean acreas

Despite the talk of a substantial increase in plantings in 2017, new-crop soybean prices have managed to sustain the gains accrued since last summer’s low. We thought it especially interesting that November futures were able to overcome last summer’s high even with the forecasts of larger potential supplies.

We were especially intrigued when we started looking at the potential fundamental structure for the four major soybean exporters for the first half of the...

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