date:Jan 07, 2013
griculture, Sierra said.
The exchange has not yet forecast 2012/13 soybean output,but government officials have said they expect a record crop of55 million tonnes or more, depending on the weather. The U.S.
Department of Agriculture (USDA) also sees 55 million tonnes.
Argentina is the world's No. 3 soybean exporter and its topsupplier of soyoil and soymeal.
SUPPLY TENSIONS
Benchmark Chicago grains futures were squeezed higher lastyear as growing world demand was met by thin supplies.
The U