date:Aug 19, 2013
dry conditions, specifically in western Iowa.
Soybean yield was forecast at 42.6 bus an acre, up 3 bus, or 8%, from 39.6 bus an acre in 2012 and the fifth highest on record if realized, the U.S.D.A. said. The U.S.D.A. forecast was below the average trade expectation of 43.6 bus an acre.
In its August World Agricultural Supply and Demand Estimates, the U.S.D.A. projected U.S. soybean carryover on Sept. 1, 2014, at 220 million bus, down 75 million bus, or 25%, from the July projection but up 95