date:Sep 04, 2013
a complete soaking before the overall supply potential improves.
This is not in the short term forecast at the moment. The damage has already been done to a large portion of the crop with most analysts trimmed yield potential by 1-1.2 bushels per acre, nationally.
Demand remains as strong as ever with China booking another 110,000 tonnes of US soybeans this morning for the 2013/14 marketing year.
Sales remain well above the 5 year average pace and well above the pace needed to hit the USDA es