Brazil Plans to Scale Back on Soybean Expansion

Brazil’s decision to pump the brakes on soybean production could help the slide in prices, but according to a Reuters report, it may not produce the desired results for bullish soybean traders and investors. Soybean prices have fallen about 20% for the year despite harsh weather conditions and infestations adding pressure to Brazilian farmers. Nonetheless, [...] The post Brazil Plans to Scale Back on Soybean Expansion appeared first on ETF Trends .