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    Home > Food News > Food Articles > U.S. soybean demand booms amid lack of Brazil soybean harvest

    U.S. soybean demand booms amid lack of Brazil soybean harvest

    • Last Update: 2022-03-03
    • Source: Internet
    • Author: User
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    Soybean buyers are turning to the U.
    S.
    for supplies as Brazil’s soybean harvest is smaller and slower than expected , leading to higher prices and worsening inflation , the Business Mirrorreported on February 7 .
    At a time when global prices are near record levels, the impact of rising soybean costs will ripple across the food supply chain , potentially driving up meat and cooking oil prices .


    Soybean buyers are turning to the U.
    S.
    for supplies as Brazil’s soybean harvest is smaller and slower than expected , leading to higher prices and worsening inflation , the Business Mirrorreported on February 7 .
    At a time when global prices are near record levels, the impact of rising soybean costs will ripple across the food supply chain , potentially driving up meat and cooking oil prices .


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    S.
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