Pricing 2014 Soybeans: is it time to get aggressive?
Soybean plantings will likely increase by two million acres or more in 2014, indicating reason to be nervous about new crop soybean prices in the months ahead.
It's reasonable to assume a large increase in soybean acres this year. That's because November 2014 new crop soybean prices are at a favorable level related to December 2014 futures of new crop corn. The resulting greater supplies could lead to much lower soybean prices by harvest.
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