Soybean market could dip below $8 in 2010

Robinson, Elton
December 2009
Southwest Farm Press;12/3/2009, Vol. 36 Issue 23, p14
Trade Publication
The article reports on the possible price reduction of soybeans in the U.S. by 2010. According to CME Group, there will be possible lowering of soybean price due to its higher inventories from both North and South Americas. Gavin Maguire notes the lowering of the commodity's price, which is estimated to dip below eight dollars. The U.S. Department of Agriculture's soybean supply forecast is also mentioned.


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