date:Aug 22, 2012
oybean meal consumption of 0.6 percent in the domestic market and 3.3 percent in the export market. Earlier this month the projections were for year-over-year increases of 4.5 and 4.6 percent, respectively. With only one month remaining in the marketing year, it appears that the domestic crush will exceed the USDA projection by 10 to 15 million bushels.
Exports of US soybeans during the current year are projected at 1.35 billion bushels. With only about three weeks left in the marketing year, c