Soybean prices jump on Prospective Plantings Report

An agricultural economist with the University of Illinois says the USDA’s Prospective Plantings Report shows more farmers plan to plant soybeans this year. However, Joe Janzen says the shift in acres fell below pre-report estimates. “With this continued slow decline in U.S. crop acreage, we saw this swing from corn to soybeans being 1,000,000 acres […]

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