Soybean: Forecasts Revised Lower But Uptrend Maintained
Commodities / Global / Thu 22 Jun, 2017
We have revised our soybean price forecasts downward, but still expect prices to average slightly higher than spot levels in the coming years. The global soybean market will register small deficits as global demand growth, led by China, remains steady. By contrast, supply growth will slow due to reduced growth in plantings and yields.
Short-Term