It’s been a little over a year since I joined the good people at Lakefront as a broker to work with farmers who are trying to manage their product price risk. Since then we’ve been focusing on trying to forecast trends where we may like to try and market their…
Lakefront Blog
Soybean shortage or poor crush capacity allocation?
Is the bean rally really all about a bean shortage? Perhaps more about logistics? Argentina is a massive supplier of soy products to the world market. In 2016/17 Argentina exported 31.32 mmt (production of 33.28mmt) of soymeal to the world market out of a total of 67.18 mmt exported; that’s…