Thursday, May 12, 2022

Barron's: Soybean Prices Look Set to Decline. That Could Help Put a Dent in Food Costs

 By SIMON CONSTABLE

Tofu lovers should rejoice. Prices of soybeans, the key ingredient in tofu, look set to drop this year as supply increases and demand declines. Investors should also benefit from the move.

“We’re set up for potential record yields along with record acreage,” says Shawn Hackett, president of Hackett Financial Advisors. Read more here.


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