South American Soybean Expansion Pressures Global Prices

The soybean market is experiencing significant shifts as South American producers gear up for expansion. Brazil and Argentina, the world’s leading soybean producers, are set to increase their acreage for the 2024–25 season. This growth comes despite challenges in profit margins and global market uncertainties. Brazil’s soybean acreage is projected to grow by 2.8%, reaching […]