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Commodities 2024: Delay in Brazilian planting to boost US soybean exports in Q1 2024

December 27, 2023 Comments Off

The US soybean exports in the first quarter of 2024 are expected to get a boost from Brazil’s planting delay in the marketing year 2023-24, according to market sources, likely supporting the oilseed futures prices during the period. “We expect strong momentum for the US soybean exports through Q1 2024 and up until the Brazilian harvest (likely delayed until March),”…