Soybean cultivars are estimated to be more than 80 million hectares. Lowest since 2013!
Hence, the soybean price increase in the country will not be expected in the coming weeks.
The country's cultivated corn with 91.5 million hectares has grown 2.9 percent year-over-year. The issue was not expected by the farmers due to the high humidity this spring and the postponement of the growing season.
The United States is one of the world's largest producers of corn and soybeans in the World.