on February 12, 2019
Global soybean market will be dependent upon South America
By 2030, Argentina, Brazil and Paraguay will increase their soybean production by 33 percent, according to the economist Paul Aho at the Latin American Poultry Summit.
The price of corn and soybeans, as well as other commodities, will increase by 2030. In the United States, the production of corn will increase more than that of other grains, while in the world there will be a greater dependency on South America in terms of soy production.
These…