Soybean price prospects: near term and long term
date:Feb 20, 2013
crease the proportion of vegetable oils used, particularly soybean oil.

An increase in vegetable oil demand for biodiesel production could support soybean oil and soybean prices during the 2013-14 marketing year at higher levels than now anticipated. Such an outcome could result in a very interesting dynamic in future years. Higher soybean oil and soybean prices relative to other crop prices in 2014 would be expected to stimulate more soybean production if biodiesel demand was expected to rema
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