USDA Reports Preview
date:Oct 12, 2018
early to have a good grasp on what U.S. soybean demand will be in 2018-19, but for Thursdays report, soybean prices are at risk of getting hit with a double bearish whammy of USDA coming through with a higher crop estimate and lower export estimate. As with corn, Dow Jones survey expects a slight production increase, from 4.693 bb in September to 4.733 bb in October. The survey also expects a new record high yield of 53.4 bpa and slight reduction in harvested acres, from 88.9 ma to 88.7 ma.

Whi
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