An ag economist fears $9 dollars could be the best cash price for new-crop soybeans next year.
Todd Hubbs with the University of Illinois says there’s a lot of downside risk going into 2019.
“Large supplies, stiff competition from South America, not to mention the tariffs and trade issues. So when you’re marketing your soybeans this year, it’s important to keep these factors in mind.”
He tells Brownfield there are some basis bids around $9.10 for November soybeans.
Continue reading Ag economist points to downside risk for soybeans in ’19 at Brownfield Ag News.
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