date:Oct 12, 2012
. The government raised its forecast for soybean exports in the 2012-13 marketing year by 20%.
Though the U.S. soybean harvest won't be as poor as analysts once feared, it's definitely not something we can get complacent with, said Tregg Cronin, an analyst with brokerage Country Hedging in St. Paul, Minn. For every bushel of supply that they created, they took it away with demand.
For corn, the USDA cut its domestic inventories forecast for the end of the marketing year to 619 million bushels, f