date:Jul 14, 2014
ny significant weather conditions for now. If the USDA shows higher yields and higher production, more than their previous expectations, the market could go down further. Prices are oversold so the market is looking for the bottom.
Soybeans dropped for the ninth straight session yesterday, the longest slump since June 1981. The USDA may raise its forecast for domestic production to 3.789 billion bushels from 3.635 billion estimated last month, according to the Bloomberg survey. Citigroup Inc. s