U.S. Soybean Farmers Face an Uncertain Marketing Year

Following last year’s record exports, U.S. soybean farmers experienced a shaky start to the new marketing year. Buyer commitments are already down 36% compared with last year, though the government predicts this year's shipments will only lag last year's by 7%. What factors are depressing sales and what’s the outlook for the remainder of the season? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights