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Torrid soybean export pace hints at bigger supplies
date:Feb 19, 2014
y midmorning.

But Mr. Meyers does think there is a key bearish factor that may be tempering potential gains for soybean futures: the likelihood that the U.S. Department of Agriculture is understating the size of the 2013 crop, currently projected at 3.29 billion bus, by as much as 30 million to 50 million bus.

Prices would be even higher than they are now if the crop size werent larger, he said. The current export pace isnt sustainable. He said U.S. export commitments (shipments plus outstandi

07/12 17:14