date:Oct 13, 2012
Soybeans fell in Chicago, extending a fourth weekly slide, after a U.S. government report showed improving prospects for global supplies. Corn and wheat dropped.
World soybean stockpiles before the Northern Hemisphere harvest next year may be 57.56 million metric tons, 8.4 percent more than forecast a month ago, the Department of Agriculture said yesterday. The USDA raised its forecast for the U.S. crop by 8.6 percent to 2.86 billion bushels, still the lowest since 2008, and maintained its outl