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SOYB / Soybean futures climb, head for highest finish since May after USDA report

Soybean futures climb, head for highest finish since May after USDA report
Soybean futures rose on Wednesday, with prices eyeing their highest finish since May after the U.S. Department of Agriculture lowered its 2021/2022 U.S. soybean ending stocks forecast by 25 million bushels to 325 million bushels. The USDA also cut its global soybean production forecast by 8.7 million metric tons to 363.9 million, citing the drought in South America. Read More
Posted: Feb 9 2022, 12:32
Author Name: Market Watch
Views: 110935

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