DENVER — International demand for U.S. soybeans has fallen sharply as worldwide patrons stay discouraged by a powerful greenback, slowing financial development and uncertainty over the path of U.S. commerce coverage in an election yr, analysts at CoBank mentioned, including that, export gross sales of new-crop soybeans are traditionally low because the U.S. enters the 2024/25 soybean advertising yr on Sept. 1. Nevertheless, a number of tailwinds might emerge to rejuvenate demand for U.S. soybeans within the advertising yr forward.
In line with a brand new analysis transient from CoBank’s Data Change, the tempo of early season soybean export. . .