date:Nov 07, 2012
st was actually larger than the October forecast. If so, a higher rate of consumption can be supported.
The USDA will release a new production forecast on November 9 and a final estimate on January 11, 2013. Second, the market anticipates a rebound in South American soybean production in 2013 that will provide ample supplies to support the increased pace of world consumption and to provide for exports of soybeans and soybean products to the US. if needed. The USDA currently forecasts 2013 Sout