Soybean market looks better, but where's it headed? (A Southern view)
Story Date: 10/6/2020

 

Source: Brad Haire, FARM PROGRESS, 10/5/20


Soybean prices struggled much of 2020 to cross the profitability line for many growers, but prices rallied in the last quarter, if not to respectable levels, at least away from not rude ones. Caution flags ahead show prices for 2021 season will be volatile, nothing new, but the price window to seal up a profit may be better. Aaron Smith is a University of Tennessee Extension agricultural economist. He and his colleagues from other Southern land-grant universities gathered virtually for the annual Southern Ag Outlook Conference the last week in September.

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