Demand for Biofuels Could Boost Soybean Prices in 2024

The global demand for alternative energy sources can help boost soybean prices in 2024, especially when it comes to increased use of soy-based biofuels. A recent Reuters report noted that U.S. farmers, in particular, could be planting more soybeans in the new year, which can help balance the effects of potentially more harsh weather. The [...] The post Demand for Biofuels Could Boost Soybean Prices in 2024 appeared first on ETF Trends .
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