Bean Demand Vacuum Loosening

Soybeans Likely to Return to Seasonal Patterns

Pent-up demand for soybeans will likely be filled by the end of November, and prices for soybeans should begin to come down as the almost 4-billion-bushel bean harvest settles into silos instead of ships, according to a Rabobank analyst. (DTN/The Progressive Farmer File photo by Jim Patrico)
Tight physical soybean supplies created a demand vacuum during the early part of harvest, but now that beans are settling in silos instead of ships, prices are likely to return to seasonal patterns.

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