date:Aug 14, 2013
nnes lower. Reduced U.S. feed and residual use is only partly offset by increases for South Korea, Ukraine, and Egypt.
World soybean ending stocks for the next marketing year were projected at 72.27 million tonnes, down 1.85 million tonnes from July but up 10.1 million tonnes, or 16%, from 62.22 million tonnes in 2012-13.
World soybean production for 2013-14 was projected at 281.72 million tonnes, down 4.17 million tonnes from July but up 14.14 million tonnes, or 4%, from 267.58 million tonnes