North Central Iowa, Humboldt County | I listened to a presentation from John Baize who gives soybean advice and price forecasts to the United Soybean Board and he is predicting an average price of $8.60 for the upcoming year. He said the crop is shrinking in SA but the crop will still be larger than last year. He said world supplies are growing at 25 MMT and demand is only increasing at 10MMT.
That's enough to make you throw up. Better pray for a weather event.
|