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Unsurprisingly, one of the biggest price catalysts for the soybean market right now is China. Corn and bean prices are said to be soaring in China, with food price inflation in that country hitting its highest level of the last 10 years. And while that may be bad news for China’s consumers, it’s good news for American soybean exporters. Here we’ll discuss that and additional factors which bode well for the intermediate-term (3-6 month) soybean price outlook.
Don’t look now, but the November soybean contract is the top-performing grain among U.S. commodity futures of the