Source: Sonja Begemann, AGWEB, 1/14/21


Markets soared this week after just a half-bushel drop in national soybean yield. Why is that? What does the future hold for the legume? “The reduction of yield by half of a bushel reduces production by 35 million bushels,” says Mac Marshall, with the United Soybean Board. “But really the upshot is from U.S. soybean stocks got even tighter. “We look at the Dec. 1 stocks at about 2.9 billion bu., taking into account the crop that was harvested at 4.135 billion, laying on top of it inventories that were placed at the start of September – about 500 million 

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