Record soybean crush adds to oilseed bullishness
date:Jan 17, 2014
nths 1.485 billion lbs.

NOPA data for soybean meal exports in December was especially bullish: 1,005,300 tonnes compared with 813,000 tonnes the previous month.

There will be no change in Chinas policy of importing large quantities of soybeans, meal and oil from the United States, only switching to Brazil when those less-expensive supplies become available after March, Mr. Gidel said. He predicted November soybean futures prices this spring may fall from current levels around $11.25 a bu to ab
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