date:Aug 19, 2013
South America, mainly Argentina, likely to get the extra business lost by the United States, the U.S.D.A. said.
Overall, though, Mr. Harris is a bit more bearish than the U.S.D.A., estimating the average soybean yield at 43.2 bus an acre, slightly above the current U.S.D.A. estimate of 42.6 bus per acre.
That would mean ending stocks of approximately 250 million bus versus the 220 million bus projected by U.S.D.A., he said, which he noted would be enough to make the market feel more comfortab