Brazil’s record production and expanding export capacity are reshaping the competitive field soybeans, and the United States is feeling that pressure even as domestic crush demand grows.
kAm$A62<:?8 E@ 72C>6CD 2E E96 $@FE9 s2<@E2 $@J362? pDD@4:2E:@?’D 2??F2= p8~FE=@@< 4@?76C6?46 :? $:@FI u2==D s64] c[ 8C2:? 2?5 @:=D665 2?2=JDE qC66 q22EK 5:D4FDD65 9@H E96 8=@32= D@J362? >2A 92D 492?865[ 2?5 :7 AC@5F46CD ?665 E@ A=2? 7@C 5:776C6?E AC:4:?8 2?5 6IA@CE 5J?2>:4D E92? E96J 92G6 :? E96 A2DE]k^Am
kAmq22EK H@C<D 7@C %6CC2:?[ 2? 64@?@>:4 7@C642DE:?8 2C> @7 u2C> rC65:E $6CG:46D @7 p>6C:42] q67@C6 ;@:?:?8 E96 4@>A2?J[ D96 DA6?E ?62C=J EH@ 564256D 2?2=JK:?8 DFAA=J 492:?D 2?5 4@>>@5:E:6D 2E &?:@? !24:7:4] $96 92D 2FE9@C65 D6G6C2= C646?E %6CC2:? 2CE:4=6D E92E 5:8 :?E@ E96 D2>6 E96>6D D96 5:D4FDD65 2E E96 4@?76C6?46]k^Am
kAmp EC256 562= H:E9 r9:?2 >:89E =:7E AC:46D 3C:67=J[ 3FE =@?8\E6C> DECF4EFC2= D9:7ED[ :?4=F5:?8 qC2K:=’D C:D6 2?5 =2C86 8=@32= 42CCJ@G6C DE@4<D[ >62? &]$] 6IA@CE6CD 42?’E 4@F?E @? DE625J AC6>:F> >2C<6ED E96 H2J E96J @?46 5:5[ q22EK 2C8F65 :? %6CC2:?’D 7@FCE9 BF2CE6C @FE=@@< 7@C E9:D J62C]k^Am
kAm%96 &]$] s6A2CE>6?E @7 p8C:4F=EFC6’D }@G6>36C FA52E6 AFD96D D@>6 @7 E96 AC:46 DFAA@CE E@H2C5 5@>6DE:4 4CFD9 >2C8:?D :?DE625 @7 6IA@CE AC6>:F>D] q22EK’D C646?E HC:E6\FA @? E96 (@C=5 p8C:4F=EFC2= $FAA=J 2?5 s6>2?5 tDE:>2E6D W(p$stX 56D4C:365 E96 C6A@CE 2D “?@E E96 3F== 72C>6CD 9@A65 7@C[” A@:?E:?8 E@ =2C86 8=@32= DFAA=:6D 2?5 E96 52>A6?:?8 67764E E96J’G6 925 @? 2 DFDE2:?65 AC:46 C2==J]k^Am
kAmq22EK E@=5 E96 C@@> E92E F?=6DD D@>6E9:?8 D92<6D FA $@FE9 p>6C:42? DFAA=J W=:<6 H62E96C AC@3=6>DX[ &]$] AC@5F46CD D9@F=5 6IA64E E:89E6C 6IA@CE H:?5@HD 2?5 >@C6 G@=2E:=:EJ] ~? E96 7=:A D:56[ D96 A@:?E65 @FE E92E &]$] 4CFD9 56>2?5 — 5C:G6? 3J 7665 FD6[ >62= 56>2?5 2?5 C:D:?8 ?665 7@C @:= W:?4=F5:?8 3:@7F6=D 2?5 G686E23=6 @:=X — :D 6IA64E65 E@ :?4C62D6 :? a_ad 2?5 a_ae]k^Am
kAmq22EK 2=D@ ?@E65 E92E H9:=6 EC25:E:@?2= 3FJ6CD =:<6 r9:?2 C6>2:? :>A@CE2?E[ 56>2?5 7C@> @E96C >2C<6ED[ 6DA64:2==J |6I:4@ 2?5 A2CED @7 $@FE962DE pD:2[ 4@F=5 23D@C3 >@C6 &]$] D@J362? @C D@J362?\>62= 6IA@CED] $96 DF886DE65 3667:?8 FA EC256 C6=2E:@?D9:AD 2C@F?5 >62= 2?5 @:= AC@5F4ED >:89E @776C 2 3F776C 282:?DE 8=@32= 362?\3J\362? 4@>A6E:E:@?]k^Am
kAmw6C 3@EE@> =:?6 H2D E92E @AA@CEF?:E:6D DE:== 6I:DE[ 3FE E96J’C6 5:776C6?E] %96 G:6HD D96 AC6D6?E65 2E p8~FE=@@< 649@ A:646D D96’D AF3=:D965 E9:D 72== 23@FE FD67F= 7@==@H\FAD 7@C 2?J@?6 H9@ H2?ED E96 ?F>36CD 369:?5 E96 E2<62H2JD]k^Am
Born and raised on a farm in southeastern South Dakota, Katelyn currently resides in Sioux Falls. She enjoys attending SDSU football games (her alma mater), going to farmer’s markets and visiting her parents at their family farm. Reach her at kwinberg@tristateneighbor.com.
Be the first to know
Get local news delivered to your inbox!