WASDE: Tight supplies offer price support for soybean farmers
Story Date: 6/2/2021

 

Source: SOUTHERN FARM NETWORK, 5/26/21

The latest World Agricultural Supply and Demand Estimates report from the U.S. Department of Agriculture shows price support for new crop soybeans. Mac Marshall, vice president of market intelligence at the United Soybean Board and U.S. Soybean Export Council, says the May report offers a peak at the new crop marketing season. “When we have the May report drop, it’s always exciting because you’re effectively bridging what’s going on still in the old crop..."

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