The Global Soybean Market: A Detailed Analysis of Forecasted Production, Stocks, and Market Pressure in 2023/24 MR

Rethinking the 2022/23 Soybean Market Forecast The United States Department of Agriculture (USDA) experts have made some adjustments in their May report for the Fiscal Year (FY) 2022/23 soybean production and ending stock forecasts. The slight increase in these figures is expected to exert additional pressure on the market quotes in the new season. The … Read more

Global Soybean Prices on the Rise: Up 6% for the Week

Soybean prices are showing signs of recovery, with prices up 6% for the week in April 2023. This marks a significant turnaround for the market, which has been plagued by oversupply and low prices in recent years. Overview of the Soybean Market Soybeans are one of the world’s most important crops, used for a wide … Read more