Soybeans May Drop Toward 8.92 Absent US Drought - #Soybeans are at the epicenter of a typical cyclical #deflationary path in #agriculture #commodities, on the back of the spike to 2022 highs. Massive production gains and exports from South America are part of the high-price cure that may not have found a nadir. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sts1e5dwlu68{BI COMD} #commodities #grains #food @BBGIntelligence