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FoA 373: Soy Innovation with Meagan Kaiser of the United Soybean Board

Future of Agriculture

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The Importance of Basis for US Soy Farmers

Soybean prices are based on the board of trade, but logistics can have a big impact. If you can't load vessels that are showing up at the port, then you're not going to bid high price and attract bushels. So when Megan says 13 cents a bushel and basis, that's a huge, huge deal for farmers.

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