date:Feb 13, 2013
e South American crop this year is expected to slow the pace of US exports of meal and oil during the last half of the marketing year and provide for relatively large US imports of soybean oil. Imports may have to be larger, exports smaller, or year-ending stocks smaller than currently projected if US biodiesel production expands as expected to meet the advanced biofuels mandate.
US soybean exports are projected at 1.345 billion bushels, equal to last months projection and only 17 million less