The Uncertain Future Of Soybean Futures

Farmers know every year they’re going to encounter surprises from things out of their control, like drought or pests.

This year, great growing conditions led to a bin-busting soybean harvest, but a tit-for-tat exchange of tariffs with China meant that country went from being a major buyer to virtually ignoring U.S. soybeans.
That’s caused prices to drop, leaving U.S. farmers and grain elevators struggling to store soybeans until prices or demand improves. Those factors threaten to undermine the soybean futures contract, and federal regulators have until Dec. 10 to review a proposed solution to the problem.