Tight global soybean supply, strong demand likely in 2021: Bunge

Capt. John

Agricultural commodities trader Bunge sees a further tightening of global soybean supply in 2021, coupled with strong demand momentum and strong margins, the company said in its fourth quarter earnings call Feb. 10. The supply-demand balance sheet for soybeans was very tight in 2020, Bunge CEO Gregory Heckman said. This trend is expected to continue …

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