date:Mar 17, 2016
greater than expectations, Mr Reilly said, adding that this had cut the chance of a further downgrade to USDA expectations for US soybean crush for 2015-16.
Look for USDA to leave its US soybean crush estimate unchanged at 1.870bn bushels in its April supply and demand update, ie Wasde report.
Big soyoil stocks
Still, on the downside for the soy complex, the data also showed US soyoil stocks 241m bushels above expectations at 1.792bn pounds.
CHS Hedging said: Soyoil stocks were well above t