The global soyabean market has been upended
There may be permanent effects
“WE’VE BEEN gambling up to this point,” says Tim Bardole, a soyabean farmer from Iowa. After the price of soyabeans crashed last summer (see chart), he held on to most of his harvest and waited for the market to recover. But seven months later, and with large loans to repay, he sold up. “We decided we’d better take what we have,” he says.
This article appeared in the Finance & economics section of the print edition under the headline “Soy sources”
Finance & economics February 23rd 2019
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From the February 23rd 2019 edition
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