The United Soybean Board Market Intelligence Vice-President says soybean futures strength following the big yield projection is because of storm damage to millions of acres and a reaction to good demand. Mac Marshall tells Brownfield soybean prices were supported by other forces.
“I think as we look at the global pile and the pace at which growing economies, and the U.S. as well, are eating through that pile is what is helping drive some of that price appreciation that we’ve seen,” Marshall told Brownfield Ag News Thursday.
