Managing for Profit
Tis the season for $12 soybeans
November 23, 2020 By Mark Dorenkamp Filed Under: Managing For Profit
Soybean prices continue to churn higher, thanks in large part to export demand from China and South American weather challenges.
Jamey Kohake with Paragon Investments is confident nearby futures will hit $12 in time for the holidays. But for that to be sustainable, he says the Chinese will need to pick up the pace a bit and dryness in Brazil will have to linger.
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