Soybeans Drop as Supply Concerns Ease After USDA Report
date:Oct 13, 2012
ook for record Brazilian and Argentine harvests.

Were going to see some softening in prices because supplies should be very good from South America, Wayne Bacon, president of grain trader Hammersmith Marketing Ltd., said by telephone today from St. Remy de Provence, France. In the meantime, the U.S. is the only supplier, so were looking for high prices to remain until we get something from the harvest in South America.

Soybeans for November delivery declined 0.9 percent to $15.34 a bushel by 6
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