World soybean fundamentals changing

World soybean fundamentals changing

We have long liked to look at the world soybean complex in six-month intervals, especially now that South American output has surpassed the United States. In essence, the world receives a new crop every six months. That is different than it is in the grains, where most of the output and consumption is still in the Northern Hemisphere.

The recent changes in potential South American production could have implications...

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