Organic Soybean Prices Could Squeeze High as India Closes Ports

Organic Soybean Prices Could Squeeze High as India Closes Ports

 

The coronavirus has failed to slow down the continued divergence between organic corn prices and organic soybean prices. While corn prices are attempting to test the $7 level for spot load picked up at the farm, organic soybean prices continue to test higher levels, moving up to $21 per bushel picked up at the farm (if you can find US domestic soybeans).

The Jacobsen believes that there will be additional upward pressure on organic soybean prices that will eventually…

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