Soybean Market

Since the first week of March new-crop soybeans (November 2009 futures) have gained about $2.40 per bushel. There are a number of factors pushing soybeans higher. First, the value of the U.S. dollar relative to foreign currencies has been steadily declining since March, thereby making U.S. products more appealing to foreign nations. China has shown strong interest in purchasing U.S. old-crop