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Soybean: Forecasts Revised Lower But Uptrend Maintained

We have revised our soybean price forecasts downward, but still expect prices to average slightly higher than spot levels. The global soybean market will register small deficits over the coming years as global demand growth, led by China, remains steady. By contrast, supply growth will slow due to reduced growth in plantings and yields.




Molly Shutt

Commodities Analyst
Commodities | New York

Diego Oliva-Velez

Commodities Analyst
Commodities | London

John Davies

Global Commodities Strategist
Commodities | London

Cole Martin, CFA

Senior Analyst, Commodities
Commodities | London


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