Teucrium Soybean Fund (SOYB)
Market Closed
2 Jul, 20:00
ARCA ARCA Primary $
24. 44
-0.08
-0.3263%
$
41.23M Market Cap
- Div Yield
43,300 Volume
$ 24.52
Previous Close Investors:
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Increased Biofuel Demand Favorable for Soybean Prices
With a global focus on clean energy transition, the use of biofuels could be favorable for soybean prices. Some traders are already forecasting a bump in prices, but regulatory measures by the incoming U.S. presidential administration in 2025 could add to that momentum.
Etftrends | 1 year ago
Brazil Plans to Scale Back on Soybean Expansion
Brazil's decision to pump the brakes on soybean production could help the slide in prices, but according to a Reuters report, it may not produce the desired results for bullish soybean traders and investors. Soybean prices have fallen about 20% for the year despite harsh weather conditions and infestations adding pressure to Brazilian farmers.
Etftrends | 1 year ago
