Argentine farmers are likely to plant more soybeans in the current 2024/25 season, trimming the area dedicated to corn after that crop’s last harvest was hit by a devastating insect plague and with rain forecasts looking rosier for soy.
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Tag: Soybean
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August 27, 2024 - 14:48
Argentine farmers eye pivot to soy on corn plague fears, rain outlook
By Pharos Investment Advisors Comments are Off
December 7, 2023 - 15:28
US farmers plan big 2024 soy crops, ‘gut says’ less corn
By Pharos Investment Advisors Comments are Off
CHICAGO, Dec 7 (Reuters) – U.S. farmers are likely to plant more soybeans in 2024 as rising demand for soy-based biofuels should boost profits, and many plan to cut back on corn acreage with futures prices for that grain hovering around three-year lows.
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