Economists expect soybeans to rise
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Last Update: 2002-04-17
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Source: Internet
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Author: User
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Introduction: US agricultural network news on April 16: according to Darrell Goode, an agricultural economist at the University of irino, there is no question of whether the soybean market will rise, but of "when" With soybean prices at a four-year low and US farmers planning to reduce acreage in 2002, spot prices are unlikely to be innovative If the soybean trading range is expanded, it is likely to expand upward Goode said that this year's rise in spot soybean prices may require a combination of reduced planting area and threatened crop yield If the planting area is not reduced, then the yield will need to be seriously threatened to support the rise of soybean.
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