Soybean market declines mean steep declines in cash receipts

Analysis from a state soybean organization says each ten-cent drop in soybean prices translates to big cash losses. Missouri Soybean communications director Christine Tew says every dime that comes off the soybean market means almost $25 million in lost cash receipts. “[Farmers are] seeing more than $2 drops in their soybean prices and they’re seeing …

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