Tight supplies drive soy rally, suggest more bean acres
Story Date: 1/21/2021

 

Source: SOUTHERN FARM NETWORK, 1/21/21


The latest round of USDA reports calls for higher soybean exports and lower soybean ending stocks, sparking a price rally. Mac Marshall, vice president of market intelligence for the United Soybean Board and the U.S. Soybean Export Council, says U.S. soybean supplies are tight and getting tighter.

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