They're green fertilizer. You grow them to make the soil more fertile next year for the cash crop that makes the real money. The fact that you can sell them is extra bonus and keep the lean off years trickling in some cash
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into soybean futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's soybean yield would be far smaller than the past, due to deteriorating soil conditions in central Iowa and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the soybean bubble burst on October 14th. Unfortunately, the Mango tariffs caused a massive drop-off in demand due to fewer Chinese using American soybeans for their soy sauce, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of Oct 14th, a new email in my inbox caused my stomach to turn into a pretzel. The massive soybean shipment from Missouri, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the soybeans in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
TMC - The Metals Company samples ocean bottom soil and test show $23.6B and why spiking … as of now they have the only boat that can mine that deep I believe
Shipping has sailed to China. You're watching an entire generation of Americans in their moms basement about to be dragged screaming and crying into factories to restart the industry on American soil. You should short Cheetos