Demand for Biofuels Could Boost Soybean Prices in 2024
December 13, 2023 at 09:16 AM EST
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 .
