Soybean supplies are tight this year. American Soybean Growers Association Chairman and Worthington, Minnesota farmer Bill Gordon says one year can make a big difference. “Last year, we were talking about having all of these extra soybeans. China wasn’t buying. Now, there’s a drought in the U.S. and South America has issues. The market is encouraging farmers make the decision to plant more soybeans. Supply is a concern.” ASA CEO Steve Censky says the U.S. will likely import soybeans. “We aren’t thrilled to see imports. At the same time, this shows we did so well selling if we have to import a little bit we have sold, that’s ok, but it is a tight market situation.” Censky and Gordon were part of Tuesday’s Spill the Beans webinar, presented by the Minnesota Soybean Growers Association.
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