
Mike McGlone|Mar 30, 2025 16:24
Soybeans May Drop Toward 8.92 Absent US Drought - #Soybeans are at the epicenter of a typical cyclical #deflationary path in #agriculture #commodities, on the back of the spike to 2022 highs. Massive production gains and exports from South America are part of the high-price cure that may not have found a nadir.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sts1e5dwlu68{BI COMD}
#commodities #grains #food @BBGIntelligence
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