date:Sep 17, 2012
adding that the price peak will come when there are fewer supplies available for sale.
The USDA foresaw a sharp reduction in stocks by March 2013, when the escalating cost of soybeans and weakening support for soymeal values could make [soybean] crushing margins quite low.
Tightness in the soymeal market will be relieved by cuts to hog and poultry herds.
Export sales will also undoubtedly slow from a strong start to 2012-13 once the sharp price increases are fully realised.
Number doubts
Th