Soybeans Feel the Pressure of Argentina Rains December 19, 2022
Different than corn the soybean balance sheet is just fine. We are lightly behind their crush hope but that should be fixed in the second half of the marketing year. Export sales are doing just fine. We can fall to -15% vs. normal from now through August and hit USDA's whole-year goal. This leaves the market assessing a needed premium for Argentina.
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