Enormous Supply, 9 Soybeans and Deflation Following Inflation - President Donald Trump's urging of China to massively step up soybean purchases may not shift the oil seeds' cycle toward a low-price cure below 9 a bushel. "Massive" might best describe the supply coming out of South America, which is likely to remain a major overhang on soybean prices. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t0vle6gpl495 {BI COM} #soybeans #grains #food @BBGIntelligence(Mike McGlone)