Although soybeans are the most desired crop in the U.S. this season, they are at their lowest price this month and most of it is thanks to favorable weather this summer.
Nebraska is the fifth-biggest soybean-producer and found that pod counts are up 9.1 percent from last year. Experts say the crop is “unbelievable” and the weather is to thank.
Prices for soybeans dropped to its lowest of $9.405, its lowest since July 30. However, it made a recovery to $9.58 a bundle.
Soybeans are the second-biggest crop bringing in $27.4 billion annually. Act now to join the booming industry.
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