Soybeans could regain ground next year

Soybeans could regain some ground in the new year.

Ag Economic Insights expects price ratios to favor the crop in 2024 especially as it takes less money for planting. Acreage was a bit out of balance last year and it resulted in more corn.

Corn prices are currently suffering from a 15 percent increase in stocks to use while soybean prices are benefiting from tighter supplies.

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