Commodities 2022: US soybean supply set to soar on higher acreage S&P Global Platts


Source: spglobal.com spglobal.com

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The US soybeans supply in marketing year 2022-23 (September-August) is set to soar amid higher acreage transfer from fertilizer-intensive corn crop. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now With the fertilizer price indexes hitting record highs, the input cost pressure on fertilizer-intensive corn planting will be markedly higher than soybeans in 2022 , analysts said. As a result, there could be a notable shift in planting decisions in favor of soybeans when the next planting window opens in May. The current uptick in fertilizer prices is likely to continue in 2022 as easing...