Growing soybean demand helping offset record production

Soybean yields, exports projected to hit all-time highs.

The nation’s farmers are expected to harvest a record soybean crop for a second year in a row, according to the August U.S. Department of Agriculture “World Agricultural Supply & Demand Estimates” (WASDE) report.

Analysts and Iowa Soybean Assn. (ISA) experts said it’s a good that farmers and soybean organizations have worked hard to build demand. Even though prices won’t set any records, they’re not expected to drop significantly, which has accompanied colossal crops in the pas

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