U.S. soybean exports seen dropping to near zero by mid-May
date:Mar 06, 2013
tle frosting on the cake and not a market moving development he asserted.

Mr. Nelson said the overwhelming fundamental arguing for a drop in U.S. soybean exports is price.

Brazil has the ability to export cheaper products than we do, Mr. Nelson said. No one wants to buy high-priced soybeans.

He said the Chinese had such strong immediate needs for supplies that they made the recently announced purchases on the basis of availability rather than price. But he said those imperatives will change w
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