date:Aug 19, 2013
a bu.
Mr. Harris said he did not expect soybean prices to go below $10 a bu in 2013, although he didnt rule it out in early 2014. South American soybean production is likely to expand on increased fall planted acreage.
The U.S.D.A. also forecast soybean meal prices to average $305@345 a ton, up $15 from its July forecast, and soybean oil prices to average 44@48c a lb, down 3c from July, reflecting the sharp drop in futures contract prices in the past month, the U.S.D.A. said.
The U.S.D.A. pr