Are Soybean Prices High Enough?
date:Jul 25, 2012
lion bushels, 13.2 million per week, to reach the USDA projection. Export inspections for the four weeks ended July 17 averaged16.1 million. As of July 12, the USDA reported unshipped export sales for the current year at 171.5 million bushels. It appears that exports may marginally exceed the USDA projection.


The USDA projects the domestic soybean crush during the current marketing year at 1.675 billion bushels, 27 million (1.6 percent) more than crushed last year. The Census Bureau no longer
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