(NAFB) – The latest World Agriculture Supply and Demand report from the Department of Agriculture confirms a forecast for record soybean exports. Mac Marshall, United Soybean Board and U.S. Soybean Export Council Vice President of Market Intelligence, says the robust pace of exports this year is good news for soybean farmers. Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio
Marshall says the report shows there is good opportunity for farmers in the market.
In South America, Argentine farmers are hoarding their soybeans, providing an opportunity for more U.S. exports.