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NSRGY - Soybeans: A Massive Bull Run Is In The Offing
Nestle SA ADR Reg Shs Ser B
Thesis
The growth of soybeans has faced considerable differences in area, production (amounts) and yields from 2017 through to 2019. The global area (in million hectares) rose by 1.0 million hectares in the FY 2018/19 from 124.48 mHa in 2017/18. According to the USDA, this area was projected to reduce for the FY 2019 to 122.98 (a decrease of 2%). The yield decreased from 2.85 metric tons in 2018 to 2.74 in 2019 (a fall of 3.84%) with production decreasing by 5.79% in 2019. In this article, I will argue why the price of