Soybean prices still falling despite Brazilian flooding

Increased soybean production has so far more than offset the losses in Brazil, one agricultural economist says.

Soybean Field
Mercedes Soledad Manrique | Dreamstime.com

Reports of severe rain and flooding in Brazil may have destroyed some unharvested soybeans, but the impact on global soybean prices remains negligible, according to the U.S. Department of Agriculture (USDA).

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