Bloomberg Markets and Finance published this video item, entitled “China Demand Sends U.S. Soybean Prices Surging” – below is their description.
It’s a case of supply and demand: U.S. soybean production is projected at its lowest level in more than a decade while orders for the crop are spiking. Consumers and traders can expect higher prices for soybean products for months to come. Insights via @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insightsBloomberg Markets and Finance YouTube Channel
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